Argent Advisors Inc. Sells 11,846 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Argent Advisors Inc. lessened its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 18.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,821 shares of the company’s stock after selling 11,846 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up about 1.0% of Argent Advisors Inc.’s holdings, making the stock its 20th biggest position. Argent Advisors Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,731,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.4% during the 4th quarter. Parallel Advisors LLC now owns 59,799 shares of the company’s stock worth $3,092,000 after acquiring an additional 831 shares during the period. SlateStone Wealth LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.8% during the 4th quarter. SlateStone Wealth LLC now owns 14,545 shares of the company’s stock worth $752,000 after acquiring an additional 400 shares during the period. Renasant Bank bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $204,000. Farther Finance Advisors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.5% during the 4th quarter. Farther Finance Advisors LLC now owns 12,972 shares of the company’s stock worth $671,000 after acquiring an additional 1,645 shares during the period. Finally, Mount Lucas Management LP increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.3% during the 4th quarter. Mount Lucas Management LP now owns 14,803 shares of the company’s stock worth $765,000 after acquiring an additional 606 shares during the period. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0 %

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.07 on Tuesday. The firm’s 50 day simple moving average is $51.94 and its 200 day simple moving average is $52.05. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.58 and a 1-year high of $52.74.

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

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1867 dividend. The ex-dividend date was Monday, March 3rd.

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.