Leuthold Group LLC Acquires 9,725 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Leuthold Group LLC raised its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 6.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 152,802 shares of the company’s stock after purchasing an additional 9,725 shares during the quarter. Leuthold Group LLC’s holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF were worth $8,265,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Madison Asset Management LLC boosted its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.3% during the 3rd quarter. Madison Asset Management LLC now owns 309,483 shares of the company’s stock valued at $16,740,000 after purchasing an additional 15,441 shares during the last quarter. Boyd Watterson Asset Management LLC OH increased its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF by 6.5% in the third quarter. Boyd Watterson Asset Management LLC OH now owns 12,725 shares of the company’s stock worth $688,000 after purchasing an additional 776 shares during the period. Bessemer Group Inc. purchased a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $107,000. Cornerstone Planning Group LLC bought a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF in the third quarter worth approximately $49,000. Finally, Jones Financial Companies Lllp grew its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 32.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,035,016 shares of the company’s stock worth $55,880,000 after buying an additional 252,638 shares in the last quarter. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ IGIB opened at $54.01 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $50.52 and a 1-year high of $54.56. The business has a fifty day moving average price of $53.94 and a 200 day moving average price of $53.92.

iShares 5-10 Year Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.2094 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, February 2nd.

iShares 5-10 Year Investment Grade Corporate Bond ETF Profile

The iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is an exchange-traded fund that is based on the ICE BofA US Corporate (5-10 Y) index. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate debt with maturities between 5-10 years. IGIB was launched on Jan 5, 2007 and is managed by BlackRock.