Providence First Trust Co Invests $67,000 in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Providence First Trust Co acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,295 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors and hedge funds have also modified their holdings of the company. PSI Advisors LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the 4th quarter. PSI Advisors LLC now owns 481 shares of the company’s stock worth $25,000 after buying an additional 206 shares during the period. Kennebec Savings Bank acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $43,000. Fortitude Family Office LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $43,000. Thompson Investment Management Inc. lifted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% in the 4th quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock valued at $43,000 after acquiring an additional 390 shares in the last quarter. Finally, Bogart Wealth LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% during the 4th quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock worth $64,000 after purchasing an additional 1,118 shares in the last quarter. 76.06% of the stock is currently owned by institutional investors and hedge funds.

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

IGSB opened at $52.35 on Friday. The business’s 50-day moving average price is $51.84 and its two-hundred day moving average price is $52.05. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.58 and a 1 year high of $52.74.

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

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.1874 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

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.