White Pine Capital LLC Has $5.04 Million Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

White Pine Capital LLC decreased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 10.1% in the 4th quarter, HoldingsChannel reports. The fund owned 98,193 shares of the company’s stock after selling 11,090 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up about 1.9% of White Pine Capital LLC’s holdings, making the stock its 6th biggest holding. White Pine Capital LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $5,035,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Trust Co. NA grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.4% during the third quarter. Private Trust Co. NA now owns 3,416 shares of the company’s stock worth $170,000 after buying an additional 670 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $327,000. Grey Fox Wealth Advisors LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 38.4% during the third quarter. Grey Fox Wealth Advisors LLC now owns 18,411 shares of the company’s stock worth $917,000 after buying an additional 5,108 shares in the last quarter. New South Capital Management Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% during the third quarter. New South Capital Management Inc. now owns 65,903 shares of the company’s stock worth $3,284,000 after buying an additional 1,720 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 204.7% during the third quarter. Bank of New York Mellon Corp now owns 1,050,294 shares of the company’s stock worth $52,336,000 after buying an additional 705,565 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1 %

iShares 1-5 Year Investment Grade Corporate Bond ETF stock traded up $0.04 during trading on Friday, hitting $50.79. 1,917,543 shares of the company were exchanged, compared to its average volume of 2,971,868. The business’s 50 day moving average is $51.01 and its 200 day moving average is $50.77. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.36 and a 52 week high of $51.53.

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

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

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.