Chesapeake Wealth Management Purchases New Stake in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

Chesapeake Wealth Management purchased a new position in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,232 shares of the company’s stock, valued at approximately $593,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ERTS Wealth Advisors LLC acquired a new stake in shares of iShares Short-Term Corporate Bond ETF in the fourth quarter valued at about $331,000. HRT Financial LLC bought a new stake in shares of iShares Short-Term Corporate Bond ETF in the fourth quarter valued at about $271,000. Aries Wealth Management bought a new stake in shares of iShares Short-Term Corporate Bond ETF in the first quarter valued at about $2,583,000. Bell Rock Capital LLC bought a new stake in shares of iShares Short-Term Corporate Bond ETF in the first quarter valued at about $117,000. Finally, BKS Advisors LLC bought a new stake in shares of iShares Short-Term Corporate Bond ETF in the first quarter valued at about $1,646,000.

NYSEARCA IGSB opened at $52.69 on Friday. iShares Short-Term Corporate Bond ETF has a twelve month low of $51.32 and a twelve month high of $52.91.

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

COPYRIGHT VIOLATION WARNING: “Chesapeake Wealth Management Purchases New Stake in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)” was reported by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.baseballdailydigest.com/news/2019/05/10/chesapeake-wealth-management-takes-position-in-ishares-short-term-corporate-bond-etf-igsb.html.

See Also: Market Capitalization in the Stock Market

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.