Stonebridge Capital Advisors LLC Increases Position in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

Stonebridge Capital Advisors LLC increased its stake in shares of iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) by 327.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,499 shares of the company’s stock after acquiring an additional 18,761 shares during the quarter. Stonebridge Capital Advisors LLC’s holdings in iShares Short-Term Corporate Bond ETF were worth $1,294,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in iShares Short-Term Corporate Bond ETF during the first quarter worth $687,546,000. Northern Trust Corp increased its position in iShares Short-Term Corporate Bond ETF by 1.6% during the first quarter. Northern Trust Corp now owns 11,396,755 shares of the company’s stock worth $8,184,000 after acquiring an additional 181,237 shares during the period. FMR LLC bought a new position in iShares Short-Term Corporate Bond ETF during the fourth quarter worth $348,374,000. Bank of America Corp DE bought a new position in iShares Short-Term Corporate Bond ETF during the fourth quarter worth $311,334,000. Finally, PNC Financial Services Group Inc. bought a new position in iShares Short-Term Corporate Bond ETF during the first quarter worth $207,589,000.

IGSB stock traded up $0.06 on Thursday, reaching $53.14. 5,001 shares of the company were exchanged, compared to its average volume of 1,395,496. iShares Short-Term Corporate Bond ETF has a 12 month low of $51.32 and a 12 month high of $53.17.

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were given a dividend of $0.1428 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.71 dividend on an annualized basis and a yield of 3.23%. This is a positive change from iShares Short-Term Corporate Bond ETF’s previous monthly dividend of $0.14.

COPYRIGHT VIOLATION WARNING: “Stonebridge Capital Advisors LLC Increases Position in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)” was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another publication, it was stolen and republished in violation of international copyright legislation. The correct version of this story can be viewed at https://sportsperspectives.com/2019/06/13/stonebridge-capital-advisors-llc-increases-position-in-ishares-short-term-corporate-bond-etf-nysearcaigsb.html.

Read More: What is a good rate of return for a mutual fund?

Want to see what other hedge funds are holding IGSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB).

Institutional Ownership by Quarter for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

Receive News & Ratings for iShares Short-Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Short-Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.