Hexagon Capital Partners LLC Sells 3,491 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Hexagon Capital Partners LLC decreased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 29.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,548 shares of the company’s stock after selling 3,491 shares during the period. Hexagon Capital Partners LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $438,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vantage Financial Partners LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.8% in the fourth quarter. Vantage Financial Partners LLC now owns 51,965 shares of the company’s stock worth $2,664,000 after acquiring an additional 1,889 shares during the period. RiverFront Investment Group LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1,035.6% in the fourth quarter. RiverFront Investment Group LLC now owns 379,573 shares of the company’s stock worth $19,462,000 after acquiring an additional 346,147 shares during the period. SlateStone Wealth LLC grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.9% in the fourth quarter. SlateStone Wealth LLC now owns 8,860 shares of the company’s stock worth $454,000 after acquiring an additional 250 shares during the period. Diversified Portfolios Inc. grew its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1.9% in the fourth quarter. Diversified Portfolios Inc. now owns 97,026 shares of the company’s stock worth $4,975,000 after acquiring an additional 1,845 shares during the period. Finally, Bear Mountain Capital Inc. bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth $1,526,000. Institutional investors own 76.06% of the company’s stock.

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

Shares of IGSB traded down $0.05 during trading hours on Tuesday, hitting $50.79. The stock had a trading volume of 9,668,181 shares, compared to its average volume of 3,054,009. The stock has a fifty day moving average price of $51.00 and a 200 day moving average price of $50.79. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.36 and a 12 month high of $51.53.

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

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1653 per share. The ex-dividend date was Monday, April 1st. This represents a $1.98 annualized dividend and a yield of 3.90%.

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.