A. D. Beadell Investment Counsel Inc. Lowers Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

A. D. Beadell Investment Counsel Inc. trimmed its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 2.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,250 shares of the company’s stock after selling 800 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for 1.6% of A. D. Beadell Investment Counsel Inc.’s portfolio, making the stock its 25th largest holding. A. D. Beadell Investment Counsel Inc.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $1,617,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 36.3% during the first quarter. Ameriprise Financial Inc. now owns 10,783,744 shares of the company’s stock worth $544,708,000 after acquiring an additional 2,873,170 shares during the last quarter. NYL Investors LLC lifted its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 124.3% in the 1st quarter. NYL Investors LLC now owns 8,945,000 shares of the company’s stock worth $452,080,000 after buying an additional 4,957,000 shares during the period. Allstate Corp grew its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% during the 1st quarter. Allstate Corp now owns 7,849,860 shares of the company’s stock worth $396,732,000 after buying an additional 154,175 shares in the last quarter. Allstate Investment Management Co. purchased a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $383,399,000. Finally, SPX Gestao de Recursos Ltda raised its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 64.1% in the first quarter. SPX Gestao de Recursos Ltda now owns 5,079,156 shares of the company’s stock valued at $256,701,000 after acquiring an additional 1,983,672 shares in the last quarter. 74.81% of the stock is currently owned by institutional investors.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1 %

iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded down $0.05 during midday trading on Tuesday, hitting $49.91. 777,363 shares of the company’s stock were exchanged, compared to its average volume of 4,103,320. The firm has a 50-day moving average of $50.08 and a two-hundred day moving average of $50.27. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $48.62 and a 12 month high of $50.83.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were issued a dividend of $0.1474 per share. This represents a $1.77 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend was Friday, September 1st.

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.