140,806 Shares of iShares 5-10 Year Investment Grade Corporate Bond ETF $IGIB Bought by Leuthold Group LLC

Leuthold Group LLC purchased a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 140,806 shares of the company’s stock, valued at approximately $7,090,000.

A number of other large investors have also bought and sold shares of IGIB. RMG Wealth Management LLC bought a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF in the first quarter valued at approximately $57,452,000. Bank of New York Mellon Corp grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 5.1% in the first quarter. Bank of New York Mellon Corp now owns 948,447 shares of the company’s stock worth $50,476,000 after purchasing an additional 46,214 shares during the last quarter. Madison Asset Management LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 63.0% in the first quarter. Madison Asset Management LLC now owns 400,916 shares of the company’s stock worth $21,337,000 after purchasing an additional 154,955 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 28.1% in the third quarter. CoreCap Advisors LLC now owns 234,396 shares of the company’s stock worth $11,802,000 after purchasing an additional 51,368 shares during the last quarter. Finally, Mittelman Wealth Management increased its stake in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF by 9.0% in the first quarter. Mittelman Wealth Management now owns 213,856 shares of the company’s stock worth $11,381,000 after buying an additional 17,623 shares during the period. 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%

Shares of NASDAQ IGIB 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 company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.2207 dividend. This is a boost from iShares 5-10 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2206. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $2.65 dividend on an annualized basis and a yield of 5.2%.

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.