iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Stock Position Decreased by Mount Lucas Management LP

Mount Lucas Management LP lessened its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,523 shares of the company’s stock after selling 280 shares during the quarter. Mount Lucas Management LP’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 5,137.5% during the 1st quarter. GAMMA Investing LLC now owns 2,514 shares of the company’s stock worth $132,000 after purchasing an additional 2,466 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.7% in the 1st quarter. Bank of New York Mellon Corp now owns 470,015 shares of the company’s stock valued at $24,615,000 after purchasing an additional 16,644 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% in the fourth quarter. JPMorgan Chase & Co. now owns 3,162,566 shares of the company’s stock worth $163,505,000 after purchasing an additional 218,036 shares in the last quarter. Payden & Rygel bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth $12,404,000. Finally, Cary Street Partners Financial LLC acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $2,737,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of NASDAQ:IGSB opened at $52.68 on Wednesday. The business has a 50-day moving average of $52.37 and a two-hundred day moving average of $52.15. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $51.39 and a fifty-two week high of $52.77.

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

The business also recently announced a dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were given a dividend of $0.1943 per share. The ex-dividend date was Tuesday, July 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.