Parallel Advisors LLC Purchases 831 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Parallel Advisors LLC boosted its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,799 shares of the company’s stock after purchasing an additional 831 shares during the quarter. Parallel Advisors LLC’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,092,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IGSB. NYL Investors LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% in the fourth quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock worth $501,958,000 after purchasing an additional 9,604,302 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% during the third quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock worth $144,672,000 after acquiring an additional 574,897 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $18,576,000. Graypoint LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 130.4% during the fourth quarter. Graypoint LLC now owns 350,799 shares of the company’s stock worth $18,136,000 after acquiring an additional 198,552 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.9% during the third quarter. TD Private Client Wealth LLC now owns 401,020 shares of the company’s stock worth $21,118,000 after acquiring an additional 79,919 shares during the last quarter. 76.06% of the stock is currently owned by institutional investors.

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

Shares of IGSB stock opened at $52.07 on Tuesday. iShares 1-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.58 and a fifty-two week high of $52.74. The stock’s 50-day simple moving average is $51.94 and its 200-day simple moving average is $52.05.

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

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1867 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.