Providence First Trust Co Acquires Shares of 1,295 iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Providence First Trust Co bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,295 shares of the company’s stock, valued at approximately $67,000.

Several other hedge funds and other institutional investors have also modified their holdings of IGSB. Farther Finance Advisors LLC lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.2% during the third quarter. Farther Finance Advisors LLC now owns 11,327 shares of the company’s stock worth $596,000 after acquiring an additional 858 shares during the last quarter. Princeton Global Asset Management LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 8.8% during the third quarter. Princeton Global Asset Management LLC now owns 46,648 shares of the company’s stock worth $2,457,000 after purchasing an additional 3,756 shares during the period. Janney Montgomery Scott LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 697,273 shares of the company’s stock worth $36,718,000 after purchasing an additional 19,218 shares during the last quarter. Graypoint LLC boosted its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.5% in the 3rd quarter. Graypoint LLC now owns 152,247 shares of the company’s stock valued at $8,017,000 after purchasing an additional 5,153 shares during the period. Finally, Leavell Investment Management Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 18.2% in the 3rd quarter. Leavell Investment Management Inc. now owns 351,511 shares of the company’s stock valued at $18,511,000 after buying an additional 54,035 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

IGSB stock opened at $52.35 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.58 and a fifty-two week high of $52.74. The business’s fifty day moving average price is $51.84 and its two-hundred day moving average price is $52.05.

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

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1874 per share. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.