21,155 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF $IGSB Purchased by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 21,155 shares of the company’s stock, valued at approximately $1,084,000.

A number of other large investors also recently bought and sold shares of IGSB. DMC Group LLC increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.6% during the third quarter. DMC Group LLC now owns 79,344 shares of the company’s stock worth $4,065,000 after purchasing an additional 2,048 shares in the last quarter. Plimoth Trust Co. LLC raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.6% in the third quarter. Plimoth Trust Co. LLC now owns 5,877 shares of the company’s stock valued at $301,000 after buying an additional 750 shares during the last quarter. Hourglass Capital LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth about $3,858,000. Holos Integrated Wealth LLC purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth about $37,000. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 91.0% during the third quarter. Kingswood Wealth Advisors LLC now owns 45,380 shares of the company’s stock worth $2,325,000 after acquiring an additional 21,615 shares during the last quarter. Institutional investors and hedge funds own 76.06% of the company’s stock.

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

NASDAQ:IGSB traded down $0.04 on Friday, hitting $51.57. The stock had a trading volume of 2,760,028 shares, compared to its average volume of 3,663,972. The company has a fifty day moving average price of $51.46 and a two-hundred day moving average price of $52.23. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.97 and a 1-year high of $53.25.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.2043 per share. The ex-dividend date was Monday, November 2nd. This represents a $2.45 annualized dividend and a dividend yield of 4.8%. This is a boost from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2037.

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.