Israel Discount Bank of New York grew its stake in iShares Lehman Intermdte Credit Bnd (NASDAQ:CIU) by 32.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,025 shares of the company’s stock after purchasing an additional 5,186 shares during the period. iShares Lehman Intermdte Credit Bnd makes up approximately 1.5% of Israel Discount Bank of New York’s portfolio, making the stock its 11th biggest holding. Israel Discount Bank of New York’s holdings in iShares Lehman Intermdte Credit Bnd were worth $2,254,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC boosted its stake in shares of iShares Lehman Intermdte Credit Bnd by 8.0% in the fourth quarter. Venturi Wealth Management LLC now owns 12,485 shares of the company’s stock valued at $1,363,000 after buying an additional 920 shares in the last quarter. Financial Life Advisors purchased a new stake in shares of iShares Lehman Intermdte Credit Bnd in the fourth quarter valued at approximately $8,856,000. First Allied Advisory Services Inc. boosted its stake in shares of iShares Lehman Intermdte Credit Bnd by 11.6% in the fourth quarter. First Allied Advisory Services Inc. now owns 15,410 shares of the company’s stock valued at $1,685,000 after buying an additional 1,598 shares in the last quarter. Mariner Wealth Advisors LLC purchased a new stake in shares of iShares Lehman Intermdte Credit Bnd in the fourth quarter valued at approximately $210,000. Finally, Pettyjohn Wood & White Inc. purchased a new stake in shares of iShares Lehman Intermdte Credit Bnd in the fourth quarter valued at approximately $2,676,000.

Shares of iShares Lehman Intermdte Credit Bnd traded down $0.04, reaching $106.12, during trading on Monday, Marketbeat Ratings reports. The company’s stock had a trading volume of 2,632 shares, compared to its average volume of 357,654. iShares Lehman Intermdte Credit Bnd has a 12-month low of $105.71 and a 12-month high of $110.70.

The firm also recently declared a monthly dividend, which was paid on Thursday, June 7th. Investors of record on Monday, June 4th were paid a $0.2641 dividend. The ex-dividend date of this dividend was Friday, June 1st. This is an increase from iShares Lehman Intermdte Credit Bnd’s previous monthly dividend of $0.24. This represents a $3.17 dividend on an annualized basis and a dividend yield of 2.99%.

iShares Lehman Intermdte Credit Bnd Company Profile

iShares Intermediate Credit Bond ETF, formerly iShares Barclays Intermediate Credit Bond Fund (the Fund), is an exchange-traded fund. The Fund is an exchange traded fund. The Fund seeks results, which correspond to the price and yield performance, before fees and expense, of the investment grade credit sector of the United States bond market as defined by the Barclays U.S.

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Institutional Ownership by Quarter for iShares Lehman Intermdte Credit Bnd (NASDAQ:CIU)

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