Alexis Investment Partners LLC Acquires New Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Alexis Investment Partners LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 9,250 shares of the company’s stock, valued at approximately $478,000.

A number of other institutional investors have also modified their holdings of the stock. PSI Advisors LLC boosted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% in the fourth quarter. PSI Advisors LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 206 shares during the period. SBI Securities Co. Ltd. bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $36,000. Fortitude Family Office LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $43,000. Thompson Investment Management Inc. grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% during the 4th quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock worth $43,000 after buying an additional 390 shares in the last quarter. Finally, Bogart Wealth LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% during the fourth quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock valued at $64,000 after buying an additional 1,118 shares during the period. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

IGSB stock opened at $52.12 on Friday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.61 and a 1-year high of $52.74. The business has a 50-day moving average price of $52.09 and a 200 day moving average price of $51.98.

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

The firm also recently declared a dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.1927 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.