iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Hits New 52-Week High at $52.72

Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) hit a new 52-week high on Tuesday . The stock traded as high as $52.72 and last traded at $52.71, with a volume of 439210 shares traded. The stock had previously closed at $52.66.

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

The company’s 50 day moving average price is $52.12 and its 200 day moving average price is $51.45.

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

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1782 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IGSB. Lazari Capital Management Inc. acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the second quarter worth approximately $409,000. Sunbelt Securities Inc. raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 30.7% during the second quarter. Sunbelt Securities Inc. now owns 6,385 shares of the company’s stock worth $327,000 after purchasing an additional 1,498 shares in the last quarter. Alley Investment Management Company LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.2% during the second quarter. Alley Investment Management Company LLC now owns 361,652 shares of the company’s stock worth $18,531,000 after purchasing an additional 11,358 shares in the last quarter. Marshall Wace LLP raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 57.1% during the second quarter. Marshall Wace LLP now owns 219,900 shares of the company’s stock worth $11,268,000 after purchasing an additional 79,900 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 27.2% during the second quarter. EverSource Wealth Advisors LLC now owns 10,679 shares of the company’s stock worth $554,000 after purchasing an additional 2,285 shares in the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company 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.