Avior Wealth Management LLC Sells 2,099 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Avior Wealth Management LLC decreased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,516 shares of the company’s stock after selling 2,099 shares during the period. Avior Wealth Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,436,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IGSB. Baird Financial Group Inc. lifted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.8% in the 1st quarter. Baird Financial Group Inc. now owns 508,722 shares of the company’s stock valued at $26,311,000 after purchasing an additional 41,286 shares during the last quarter. Zions Bancorporation N.A. bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter valued at $228,000. West Michigan Advisors LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the first quarter worth $272,000. Nations Financial Group Inc. IA ADV increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.5% during the first quarter. Nations Financial Group Inc. IA ADV now owns 71,216 shares of the company’s stock worth $3,683,000 after buying an additional 3,055 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 28.8% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 42,316 shares of the company’s stock worth $2,188,000 after buying an additional 9,450 shares during the period. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

NASDAQ:IGSB opened at $50.69 on Wednesday. The firm has a fifty day simple moving average of $51.07 and a two-hundred day simple moving average of $50.72. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.36 and a 12 month high of $51.53.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1653 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date was Monday, April 1st.

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.