Leuthold Group LLC Increases Stake in iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB

Leuthold Group LLC grew its stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 6.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 152,802 shares of the company’s stock after buying an additional 9,725 shares during the period. 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 filing with the Securities and Exchange Commission.

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

iShares 5-10 Year Investment Grade Corporate Bond ETF Stock Down 0.1%

iShares 5-10 Year Investment Grade Corporate Bond ETF stock opened at $54.01 on Thursday. The stock has a 50-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 has a 52 week low of $50.52 and a 52 week high of $54.56.

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 $0.2094 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, February 2nd.

iShares 5-10 Year Investment Grade Corporate Bond ETF Company 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.