Laffer Investments Acquires Shares of 6,772 iShares Short-Term Corporate Bond ETF (IGSB)

Laffer Investments acquired a new position in shares of iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) during the 4th quarter, Holdings Channel reports. The fund acquired 6,772 shares of the company’s stock, valued at approximately $350,000.

Other large investors also recently bought and sold shares of the company. Bank of New York Mellon Corp acquired a new stake in shares of iShares Short-Term Corporate Bond ETF during the 2nd quarter valued at about $18,648,000. Autus Asset Management LLC acquired a new stake in shares of iShares Short-Term Corporate Bond ETF during the 4th quarter valued at about $5,291,000. River & Mercantile LLC acquired a new stake in shares of iShares Short-Term Corporate Bond ETF during the 4th quarter valued at about $1,213,000. Private Advisor Group LLC acquired a new stake in shares of iShares Short-Term Corporate Bond ETF during the 4th quarter valued at about $7,123,000. Finally, Bank Hapoalim BM acquired a new stake in shares of iShares Short-Term Corporate Bond ETF during the 4th quarter valued at about $75,000.

Shares of iShares Short-Term Corporate Bond ETF stock traded up $0.03 during trading on Monday, hitting $52.76. 8,900 shares of the company’s stock traded hands, compared to its average volume of 1,208,980. iShares Short-Term Corporate Bond ETF has a twelve month low of $51.32 and a twelve month high of $52.77.

The firm also recently announced a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were given a dividend of $0.1387 per share. This is a positive change from iShares Short-Term Corporate Bond ETF’s previous monthly dividend of $0.13. This represents a $1.66 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Friday, March 1st.

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Want to see what other hedge funds are holding IGSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB).

Institutional Ownership by Quarter for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

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