Abbrea Capital LLC Sells 450 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Abbrea Capital LLC lessened its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,978 shares of the company’s stock after selling 450 shares during the quarter. Abbrea Capital LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $2,922,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IGSB. SlateStone Wealth LLC increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.9% during the 4th quarter. SlateStone Wealth LLC now owns 8,860 shares of the company’s stock worth $454,000 after purchasing an additional 250 shares during the period. Diversified Portfolios Inc. boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.9% during the fourth quarter. Diversified Portfolios Inc. now owns 97,026 shares of the company’s stock worth $4,975,000 after purchasing an additional 1,845 shares during the last quarter. Bear Mountain Capital Inc. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $1,526,000. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.8% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 673,842 shares of the company’s stock worth $34,551,000 after purchasing an additional 92,000 shares during the last quarter. Finally, Graypoint LLC boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 17.4% during the fourth quarter. Graypoint LLC now owns 160,492 shares of the company’s stock worth $8,229,000 after purchasing an additional 23,795 shares during the last quarter. Institutional investors own 76.06% of the company’s stock.

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

IGSB traded up $0.04 during trading hours on Friday, hitting $50.79. 1,917,543 shares of the company’s stock were exchanged, compared to its average volume of 2,971,868. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1-year low of $49.36 and a 1-year high of $51.53. The stock’s 50-day moving average is $51.02 and its two-hundred day moving average is $50.76.

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

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.1653 dividend. This represents a $1.98 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend was Monday, April 1st.

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.