Icon Wealth Advisors LLC Buys 8,479 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Icon Wealth Advisors LLC boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 162.9% in the third quarter, HoldingsChannel reports. The firm owned 13,683 shares of the company’s stock after acquiring an additional 8,479 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $721,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. West Michigan Advisors LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.4% in the third quarter. West Michigan Advisors LLC now owns 6,371 shares of the company’s stock valued at $335,000 after acquiring an additional 266 shares during the period. YHB Investment Advisors Inc. grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the second quarter. YHB Investment Advisors Inc. now owns 42,241 shares of the company’s stock valued at $2,164,000 after acquiring an additional 349 shares during the period. Pinkerton Retirement Specialists LLC grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.5% in the second quarter. Pinkerton Retirement Specialists LLC now owns 92,241 shares of the company’s stock valued at $4,726,000 after acquiring an additional 414 shares during the period. Burns J W & Co. Inc. NY grew its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% in the third quarter. Burns J W & Co. Inc. NY now owns 52,367 shares of the company’s stock valued at $2,758,000 after acquiring an additional 415 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.7% during the second quarter. Parallel Advisors LLC now owns 60,305 shares of the company’s stock worth $3,090,000 after buying an additional 419 shares during the period. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0 %

IGSB stock opened at $51.83 on Friday. The business has a 50-day moving average of $52.20 and a 200-day moving average of $51.79. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.30 and a fifty-two week high of $52.74.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1836 per share. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a $2.20 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend was Friday, November 1st.

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.