Curbstone Financial Management Corp Sells 8,880 Shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Curbstone Financial Management Corp lessened its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 125,560 shares of the company’s stock after selling 8,880 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF makes up approximately 1.5% of Curbstone Financial Management Corp’s portfolio, making the stock its 14th biggest position. Curbstone Financial Management Corp’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $6,299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 36.3% during the 1st quarter. Ameriprise Financial Inc. now owns 10,783,744 shares of the company’s stock valued at $544,708,000 after purchasing an additional 2,873,170 shares during the last quarter. NYL Investors LLC raised its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 124.3% in the 1st quarter. NYL Investors LLC now owns 8,945,000 shares of the company’s stock worth $452,080,000 after purchasing an additional 4,957,000 shares in the last quarter. Allstate Corp boosted its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.0% during the 1st quarter. Allstate Corp now owns 7,849,860 shares of the company’s stock valued at $396,732,000 after purchasing an additional 154,175 shares in the last quarter. Allstate Investment Management Co. bought a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth about $383,399,000. Finally, SPX Gestao de Recursos Ltda lifted its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 64.1% in the first quarter. SPX Gestao de Recursos Ltda now owns 5,079,156 shares of the company’s stock worth $256,701,000 after buying an additional 1,983,672 shares during the period. Institutional investors own 74.81% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0 %

Shares of IGSB stock traded up $0.02 during midday trading on Thursday, reaching $50.01. 239,101 shares of the stock were exchanged, compared to its average volume of 4,127,434. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $48.62 and a 1 year high of $50.83. The company’s 50 day moving average is $50.08 and its two-hundred day moving average is $50.29.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Tuesday, September 5th were issued a $0.1474 dividend. The ex-dividend date was Friday, September 1st. This represents a $1.77 dividend on an annualized basis and a yield of 3.54%.

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.