Leuthold Group LLC Cuts Holdings in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB)

Leuthold Group LLC lowered its position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 389,904 shares of the company’s stock after selling 1,493 shares during the quarter. iShares 5-10 Year Investment Grade Corporate Bond ETF comprises 2.3% of Leuthold Group LLC’s investment portfolio, making the stock its 5th biggest holding. Leuthold Group LLC owned about 0.15% of iShares 5-10 Year Investment Grade Corporate Bond ETF worth $19,986,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter valued at about $35,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at about $36,000. Olistico Wealth LLC acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter valued at about $55,000. American National Bank acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the first quarter valued at about $90,000. Finally, Morton Brown Family Wealth LLC acquired a new position in shares of iShares 5-10 Year Investment Grade Corporate Bond ETF during the second quarter valued at about $129,000. Institutional investors own 76.98% of the company’s stock.

iShares 5-10 Year Investment Grade Corporate Bond ETF Trading Down 0.3 %

Shares of NASDAQ IGIB opened at $53.73 on Thursday. iShares 5-10 Year Investment Grade Corporate Bond ETF has a 1-year low of $47.27 and a 1-year high of $54.10. The firm’s 50-day moving average price is $52.76 and its 200-day moving average price is $51.66.

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

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.192 dividend. The ex-dividend date was Tuesday, September 3rd.

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.