Bartlett & CO. Wealth Management LLC Has $32.53 Million Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 629,111 shares of the company’s stock after buying an additional 42,946 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $32,525,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of IGSB. PSI Advisors LLC lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the fourth quarter. PSI Advisors LLC now owns 481 shares of the company’s stock worth $25,000 after acquiring an additional 206 shares in the last quarter. A. D. Beadell Investment Counsel Inc. raised its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the fourth quarter. A. D. Beadell Investment Counsel Inc. now owns 29,900 shares of the company’s stock worth $1,545,000 after purchasing an additional 250 shares during the period. West Michigan Advisors LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.4% during the 3rd quarter. West Michigan Advisors LLC now owns 6,371 shares of the company’s stock valued at $335,000 after purchasing an additional 266 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 87,069 shares of the company’s stock valued at $4,585,000 after purchasing an additional 297 shares in the last quarter. Finally, Burns J W & Co. Inc. NY increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 52,367 shares of the company’s stock worth $2,758,000 after purchasing an additional 415 shares in the last quarter. 76.06% of the stock is owned by institutional investors.

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

Shares of IGSB stock opened at $51.81 on Thursday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.58 and a 52 week high of $52.74. The company’s 50 day moving average price is $51.81 and its two-hundred day moving average price is $52.00.

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

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.181 dividend. This represents a $2.17 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date was Wednesday, December 18th.

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.