Eagle Ridge Investment Management acquired a new position in shares of iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) during the 1st quarter, Holdings Channel reports. The firm acquired 97,093 shares of the company’s stock, valued at approximately $5,128,000.

Several other institutional investors have also recently added to or reduced their stakes in IGSB. Autus Asset Management LLC bought a new stake in iShares Short-Term Corporate Bond ETF in the 4th quarter valued at about $5,291,000. River & Mercantile LLC bought a new stake in iShares Short-Term Corporate Bond ETF in the 4th quarter valued at about $1,213,000. Private Advisor Group LLC bought a new stake in iShares Short-Term Corporate Bond ETF in the 4th quarter valued at about $7,123,000. Bank Hapoalim BM bought a new stake in iShares Short-Term Corporate Bond ETF in the 4th quarter valued at about $75,000. Finally, LaSalle Street Capital Management LLC bought a new stake in iShares Short-Term Corporate Bond ETF in the 4th quarter valued at about $209,000.

NYSEARCA IGSB opened at $52.79 on Friday. iShares Short-Term Corporate Bond ETF has a 12-month low of $51.32 and a 12-month high of $52.91.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.138 dividend. This represents a $1.66 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Wednesday, May 1st.

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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)

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