iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Sets New 12-Month High at $52.88

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $52.88 and last traded at $52.88, with a volume of 456 shares. The stock had previously closed at $52.66.

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

The firm’s 50 day simple moving average is $52.23 and its two-hundred day simple moving average is $51.50.

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

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1782 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Allstate Corp lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 11.3% during the 1st quarter. Allstate Corp now owns 6,157,676 shares of the company’s stock valued at $315,766,000 after acquiring an additional 627,127 shares during the period. Captrust Financial Advisors grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 4.6% in the 1st quarter. Captrust Financial Advisors now owns 2,099,769 shares of the company’s stock worth $106,671,000 after buying an additional 92,461 shares during the last quarter. Haverford Trust Co increased its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 3.7% during the 1st quarter. Haverford Trust Co now owns 1,846,099 shares of the company’s stock valued at $94,668,000 after buying an additional 66,456 shares in the last quarter. Parkside Investments LLC raised its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 15.0% during the second quarter. Parkside Investments LLC now owns 695,665 shares of the company’s stock valued at $35,646,000 after buying an additional 90,930 shares during the last quarter. Finally, NewSquare Capital LLC boosted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% in the second quarter. NewSquare Capital LLC now owns 590,133 shares of the company’s stock worth $30,238,000 after acquiring an additional 15,749 shares in the last quarter. Institutional investors own 76.06% of the company’s stock.

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.