Catalyst Capital Advisors LLC Buys 10,000 Shares of iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

Catalyst Capital Advisors LLC raised its stake in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) by 69.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 24,338 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Catalyst Capital Advisors LLC’s holdings in iShares Short-Term Corporate Bond ETF were worth $1,305,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pinnacle Financial Partners Inc. grew its position in shares of iShares Short-Term Corporate Bond ETF by 19.7% in the 4th quarter. Pinnacle Financial Partners Inc. now owns 77,648 shares of the company’s stock valued at $4,164,000 after buying an additional 12,757 shares during the last quarter. Hancock Whitney Corp lifted its stake in shares of iShares Short-Term Corporate Bond ETF by 236.8% in the 4th quarter. Hancock Whitney Corp now owns 17,057 shares of the company’s stock valued at $915,000 after purchasing an additional 11,992 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in shares of iShares Short-Term Corporate Bond ETF by 1.6% in the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 482,382 shares of the company’s stock valued at $25,870,000 after purchasing an additional 7,693 shares during the period. TCF National Bank lifted its stake in shares of iShares Short-Term Corporate Bond ETF by 34.0% in the 4th quarter. TCF National Bank now owns 15,838 shares of the company’s stock valued at $849,000 after purchasing an additional 4,015 shares during the period. Finally, Alpha Omega Wealth Management LLC lifted its stake in shares of iShares Short-Term Corporate Bond ETF by 18.6% in the 4th quarter. Alpha Omega Wealth Management LLC now owns 7,637 shares of the company’s stock valued at $410,000 after purchasing an additional 1,195 shares during the period.

Shares of NYSEARCA:IGSB opened at $53.96 on Friday. The business’s 50-day moving average is $53.83 and its 200-day moving average is $53.67. iShares Short-Term Corporate Bond ETF has a 1 year low of $52.15 and a 1 year high of $54.13.

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 7th. Stockholders of record on Tuesday, February 4th were paid a $0.1313 dividend. This represents a $1.58 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend was Monday, February 3rd.

Further Reading: Guidelines for Successful Channel Trading

Want to see what other hedge funds are holding IGSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB).

Institutional Ownership by Quarter for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

Receive News & Ratings for iShares Short-Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Short-Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.