iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Short Interest Down 24.1% in August

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totaling 1,540,000 shares, a drop of 24.1% from the July 31st total of 2,030,000 shares. Based on an average daily volume of 2,682,200 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 2,682,200 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of iShares 1-5 Year Investment Grade Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Wealth Asset Management LLC bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth $29,000. Bank of New Hampshire bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 1st quarter worth $36,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter valued at about $46,000. Copia Wealth Management bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $50,000. Finally, Valley Wealth Managers Inc. boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 64.6% in the first quarter. Valley Wealth Managers Inc. now owns 1,236 shares of the company’s stock valued at $65,000 after acquiring an additional 485 shares during the period. 76.06% of the stock is owned by institutional investors.

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

iShares 1-5 Year Investment Grade Corporate Bond ETF stock opened at $52.99 on Wednesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $51.39 and a 1-year high of $53.08. The company has a fifty day simple moving average of $52.71 and a 200 day simple moving average of $52.39.

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

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.2047 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.