iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Short Interest Update

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 1,071,646 shares, a drop of 77.6% from the June 30th total of 4,782,051 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,798,208 shares, the short-interest ratio is currently 0.4 days.

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

Shares of IGSB opened at $52.05 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $51.97 and a 52-week high of $53.25. The stock has a fifty day moving average price of $52.26 and a two-hundred day moving average price of $52.58.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.2011 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Wednesday, July 1st. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

Institutional Investors Weigh In On iShares 1-5 Year Investment Grade Corporate Bond ETF

Several institutional investors have recently modified their holdings of the business. Captrust Financial Advisors raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.1% during the 4th quarter. Captrust Financial Advisors now owns 4,838,714 shares of the company’s stock valued at $255,871,000 after acquiring an additional 276,694 shares during the last quarter. Williams Jones Wealth Management LLC. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.8% in the fourth quarter. Williams Jones Wealth Management LLC. now owns 1,741,769 shares of the company’s stock worth $92,105,000 after purchasing an additional 169,709 shares during the period. Parkside Investments LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.5% in the 4th quarter. Parkside Investments LLC now owns 1,605,056 shares of the company’s stock valued at $84,875,000 after buying an additional 39,720 shares during the period. One Capital Management LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 7.4% in the 4th quarter. One Capital Management LLC now owns 1,375,500 shares of the company’s stock valued at $72,736,000 after buying an additional 95,046 shares during the period. Finally, RiverFront Investment Group LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 212.1% in the 4th quarter. RiverFront Investment Group LLC now owns 1,368,310 shares of the company’s stock valued at $72,356,000 after buying an additional 929,944 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

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.