iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) raises dividend to $0.08 per share

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iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB – Get Rating) announced a monthly dividend on Thursday, June 30, Zacks reports. Investors of record on Tuesday July 5 will receive a dividend of 0.082 per share on Friday July 8. This represents an annualized dividend of $0.98 and a dividend yield of 1.94%. The ex-dividend date is Friday, July 1. This is a boost from the iShares 1-5 Year Investment Grade Corporate Bond ETF’s previous $0.07 monthly dividend.

Shares of IGSB opened at $50.74 on Friday. The company has a 50-day simple moving average of $50.80 and a 200-day simple moving average of $51.99. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $49.82 and a 52-week high of $54.94.

Several hedge funds have recently changed their positions in the stock. Nations Financial Group Inc. IA ADV increased its holdings of iShares 1-5 Year Investment Grade Corporate Bond ETF shares by 4.5% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 71,216 shares of the company worth $3,683,000 after purchasing an additional 3,055 shares during the period. Lazard Asset Management LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 0.9% in Q1. Lazard Asset Management LLC now owns 394,463 shares of the company worth $20,400,000 after purchasing an additional 3,493 shares last quarter. Zions Bancorporation NA acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in Q1 for a value of approximately $228,000. Ancora Advisors LLC increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 49.1% in Q1. Ancora Advisors LLC now owns 14,055 shares of the company worth $769,000 after purchasing an additional 4,628 shares in the last quarter. Finally, West Michigan Advisors LLC acquired a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF in Q1 for a value of approximately $272,000.

(A d)

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Further reading

Dividend history for iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

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