Park Place Capital Corp Grows Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Park Place Capital Corp increased its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 270.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,483 shares of the company’s stock after purchasing an additional 1,083 shares during the period. Park Place Capital Corp’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $76,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IGSB. Crestwood Advisors Group LLC boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 1,626.3% during the 3rd quarter. Crestwood Advisors Group LLC now owns 279,070 shares of the company’s stock worth $13,906,000 after purchasing an additional 262,904 shares during the period. Sunbelt Securities Inc. lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 12.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 8,994 shares of the company’s stock valued at $448,000 after buying an additional 995 shares in the last quarter. Headinvest LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $33,000. Massmutual Trust Co. FSB ADV lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 107.2% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 29,825 shares of the company’s stock valued at $1,529,000 after buying an additional 15,430 shares in the last quarter. Finally, First International Bank & Trust lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 6.4% during the 4th quarter. First International Bank & Trust now owns 38,397 shares of the company’s stock valued at $1,969,000 after buying an additional 2,320 shares in the last quarter. 76.06% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IGSB opened at $51.02 on Tuesday. 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 company has a 50-day moving average of $51.07 and a 200 day moving average of $51.10.

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

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a $0.1788 dividend. The ex-dividend date is Monday, July 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.