LVZ Inc. Decreases Position in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG)

LVZ Inc. decreased its position in Principal Investment Grade Corporate Active ETF (NYSEARCA:IGFree Report) by 29.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 22,196 shares of the company’s stock after selling 9,051 shares during the quarter. LVZ Inc.’s holdings in Principal Investment Grade Corporate Active ETF were worth $466,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IG. Jane Street Group LLC purchased a new position in shares of Principal Investment Grade Corporate Active ETF in the first quarter valued at about $3,130,000. Bank of America Corp DE purchased a new position in shares of Principal Investment Grade Corporate Active ETF in the fourth quarter valued at about $969,000. Cerity Partners LLC increased its position in shares of Principal Investment Grade Corporate Active ETF by 2.9% in the fourth quarter. Cerity Partners LLC now owns 136,413 shares of the company’s stock valued at $2,816,000 after acquiring an additional 3,846 shares during the period. Belpointe Asset Management LLC increased its position in shares of Principal Investment Grade Corporate Active ETF by 27.6% in the first quarter. Belpointe Asset Management LLC now owns 3,630 shares of the company’s stock valued at $76,000 after acquiring an additional 785 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new position in shares of Principal Investment Grade Corporate Active ETF in the second quarter valued at about $251,000.

Principal Investment Grade Corporate Active ETF Trading Down 0.0 %

Shares of IG traded down $0.01 during trading hours on Wednesday, reaching $20.37. 7,223 shares of the company traded hands, compared to its average volume of 20,975. The company’s fifty day moving average price is $20.60 and its two-hundred day moving average price is $20.29. Principal Investment Grade Corporate Active ETF has a 12 month low of $19.05 and a 12 month high of $21.15.

About Principal Investment Grade Corporate Active ETF

(Free Report)

The Principal Investment Grade Corporate Active ETF (IG) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is an actively managed fund that provides current income by selecting investment-grade, USD-denominated bonds of any maturity. IG was launched on Apr 18, 2018 and is managed by Principal.

Recommended Stories

Want to see what other hedge funds are holding IG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Investment Grade Corporate Active ETF (NYSEARCA:IGFree Report).

Institutional Ownership by Quarter for Principal Investment Grade Corporate Active ETF (NYSEARCA:IG)

Receive News & Ratings for Principal Investment Grade Corporate Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Investment Grade Corporate Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.