HM Payson & Co. increased its position in shares of iShares Barclays 1-3 Year Credit Bond Fd (NYSE:CSJ) by 5.1% during the second quarter, Holdings Channel reports. The firm owned 548,823 shares of the exchange traded fund’s stock after buying an additional 26,673 shares during the period. iShares Barclays 1-3 Year Credit Bond Fd makes up 2.6% of HM Payson & Co.’s investment portfolio, making the stock its 5th largest position. HM Payson & Co.’s holdings in iShares Barclays 1-3 Year Credit Bond Fd were worth $57,797,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Solaris Asset Management LLC bought a new position in iShares Barclays 1-3 Year Credit Bond Fd during the second quarter worth $105,000. Barrett Asset Management LLC raised its position in iShares Barclays 1-3 Year Credit Bond Fd by 6.3% in the second quarter. Barrett Asset Management LLC now owns 2,010 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 120 shares during the period. North Point Portfolio Managers Corp OH bought a new position in iShares Barclays 1-3 Year Credit Bond Fd during the second quarter worth $227,000. Exchange Capital Management Inc. raised its position in iShares Barclays 1-3 Year Credit Bond Fd by 0.6% in the second quarter. Exchange Capital Management Inc. now owns 2,727 shares of the exchange traded fund’s stock worth $287,000 after buying an additional 16 shares during the period. Finally, Reliance Trust Co. raised its position in iShares Barclays 1-3 Year Credit Bond Fd by 6.7% in the second quarter. Reliance Trust Co. now owns 2,808 shares of the exchange traded fund’s stock worth $296,000 after buying an additional 177 shares during the period.
iShares Barclays 1-3 Year Credit Bond Fd (CSJ) opened at 105.46 on Friday. iShares Barclays 1-3 Year Credit Bond Fd has a 52-week low of $104.50 and a 52-week high of $106.01. The company has a 50 day moving average price of $105.35 and a 200-day moving average price of $105.22.
The business also recently disclosed a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were paid a dividend of $0.1447 per share. The ex-dividend date was Tuesday, August 1st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 1.65%.
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About iShares Barclays 1-3 Year Credit Bond Fd
iShares 1-3 Year Credit Bond ETF (the Fund), formerly iShares Barclays 1-3 Year Credit Bond Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund. The Fund seeks results, which correspond generally to the price and yield performance, before fee and expense, of investment grade credit sector of the United States bond market as defined by the Barclays Capital U.S.
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