DMG Group LLC Takes New Stake in iShares 5-10 Years Investment Grade Corporate Bond ETF (NASDAQ:IGIB) Shows Growth Promise

On April 30, 2023 it was announced that DMG Group LLC had taken a new stake in iShares 5-10 Year Investment Grade Corporate Bond ETF (NASDAQ:IGIB). According to their most recent disclosure with the Securities and Exchange Commission (SEC), they purchased 18,098 shares of the company’s stock, valued at approximately $901,000. iShares 5-10 Year Investment Grade Corporate Bond ETF now represents approximately 1.0% of DMG Group LLC’s holdings and is their 28th largest holding.

What does this mean for IGIB? The investment from DMG Group LLC shows potential promise for the company’s future growth as an ETF. Increasing the holdings of a reputable hedge fund can lead to increased confidence among other investors.

To get the latest on IGIB holdings and insider trades from other hedge funds, visit It is a platform that provides investors with up-to-date information through SEC filings that can help them make informed decisions.

On the other hand, IGIB also recently disclosed a monthly dividend increase. Shareholders of record on Tuesday, April 4th were paid $0.156 per share on Friday, April 7th – an improvement from the previous monthly dividend of $0.15. On an annualized basis of $1.87 per share, that represents a dividend yield of 3.64%, which is quite impressive given the state of investment-grade corporate bonds.

In conclusion, DMG Group LLC’s purchase of IGIB highlights a potentially promising growth outlook for the iShares Investment Grade Corporate Bond ETF; however, only time will tell if this positive trajectory will continue or stall over time. By following SEC filings and tracking insider trades through platforms like can help investors make more informed decisions about investing in stocks like iShares’ IGIB ETF or any other stocks out there.

Hedge funds and institutional investors increasingly investing in the iShares 5-10 Year Corporate Bond Investment Grade ETF (IGIB)

Recent months have seen a surge in activity around the iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB), with a range of hedge funds and institutional investors buying and selling shares. Private Trust Co. NA increased its stake by 140.6% in the third quarter to 1,973 shares valued at $95,000 after buying an additional 1,153 shares. AdvisorNet Financial Inc followed suit in the fourth quarter, increasing its holdings by 75.5% to 2,259 shares valued at $112,000 after acquiring an additional 972 shares.

Almanack Investment Partners LLC also entered the market in the third quarter with a new investment of approximately $195,000 for an undisclosed number of shares of IGIB. SVB Wealth LLC saw a significant growth in its position in the second quarter, growing its stake by 559.4% for a total of 4,161 shares valued at $212,000 after buying an additional 3,530.

BNP Paribas Arbitrage SA boosted its position in IGIB by an impressive 82.2% in the first quarter and now holds a large stake in the company worth approximately $227,000 from owning over four thousand individual shares. Hedge funds and other institutional investors currently own almost eighty percent of IGIB’s stock.

As of now, on April 30, 2023, NASDAQ:IGIB is currently trading at $51.42 per share, while previous trading volumes are quite promising of almost five hundred thousand traded during the trading hours.

IGIB is rapidly gaining public attention due to the rise in general ETF popularity, as recently demonstrated through BlackRock operating this investment giant, which tracks stocks with market value weighted indices from reputable institutions such as the ICE BofA US Corporate (5-10 Y) index, showing good prospects for continued financial performance relative to industry standards.

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