iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Reaches New 52-Week High at $51.75

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.75 and last traded at $51.71, with a volume of 19772 shares changing hands. The stock had previously closed at $51.68.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1 %

The firm’s 50-day moving average price is $51.27 and its 200-day moving average price is $51.14.

iShares 1-5 Year Investment Grade Corporate Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a dividend of $0.1788 per share. This represents a $2.15 annualized dividend and a dividend yield of 4.15%. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Investors Weigh In On iShares 1-5 Year Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. ICA Group Wealth Management LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at $25,000. Tidemark LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at $49,000. Family Firm Inc. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at $49,000. Park Place Capital Corp grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% in the first quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock valued at $76,000 after purchasing an additional 1,083 shares in the last quarter. Finally, Richardson Financial Services Inc. grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the first quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock valued at $79,000 after purchasing an additional 1,478 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is an exchange-traded fund that is based on the ICE BofA US Corporate (1-5 Y) index. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade corporate debt with 1-5 years remaining in maturity. IGSB was launched on Jan 5, 2007 and is managed by BlackRock.