Whittier Trust Co. Has $3.30 Million Stake in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Whittier Trust Co. trimmed its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 14.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,801 shares of the company’s stock after selling 11,150 shares during the period. Whittier Trust Co.’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $3,298,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IGSB. NYL Investors LLC increased its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 9,168.7% during the 4th quarter. NYL Investors LLC now owns 9,709,053 shares of the company’s stock valued at $501,958,000 after purchasing an additional 9,604,302 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 26.5% in the 3rd quarter. Captrust Financial Advisors now owns 2,747,270 shares of the company’s stock valued at $144,672,000 after buying an additional 574,897 shares during the period. SVB Wealth LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $18,576,000. Graypoint LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 130.4% in the 4th quarter. Graypoint LLC now owns 350,799 shares of the company’s stock valued at $18,136,000 after buying an additional 198,552 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 24.9% in the 3rd quarter. TD Private Client Wealth LLC now owns 401,020 shares of the company’s stock valued at $21,118,000 after buying an additional 79,919 shares during the period. 76.06% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ IGSB opened at $52.28 on Friday. The stock has a fifty day moving average of $51.99 and a 200-day moving average of $52.05. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.58 and a 52 week high of $52.74.

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

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

iShares 1-5 Year Investment Grade Corporate Bond ETF 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.