iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Shares Newly Purchased by Leuthold Group LLC

Leuthold Group LLC acquired a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 140,806 shares of the company’s stock, valued at approximately $7,090,000.

A number of other large investors also recently modified their holdings of IGIB. Parallel Advisors LLC grew its position in iShares 5-10 Year Investment Grade Corporate Bond ETF by 91.1% during the third quarter. Parallel Advisors LLC now owns 1,630 shares of the company’s stock valued at $82,000 after acquiring an additional 777 shares during the last quarter. John Boyer Inc. purchased a new stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $103,000. Kingswood Wealth Advisors LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.5% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 63,003 shares of the company’s stock valued at $3,172,000 after purchasing an additional 5,487 shares in the last quarter. Rebalance LLC boosted its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 3.0% in the 3rd quarter. Rebalance LLC now owns 194,837 shares of the company’s stock valued at $9,810,000 after purchasing an additional 5,710 shares in the last quarter. Finally, Indiana Trust & Investment Management Co bought a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $37,000. 76.98% of the stock is owned by hedge funds and other institutional investors.

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

IGIB stock opened at $51.33 on Tuesday. The firm’s fifty day moving average is $50.99 and its 200 day moving average is $52.61. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.94 and a 52 week high of $54.58.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.2207 per share. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2206. This represents a $2.65 annualized dividend and a yield of 5.2%.

About iShares 5-10 Year Investment Grade Corporate Bond ETF

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.