iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
11 hedge funds and large institutions have $10.4M invested in iShares Interest Rate Hedged Long-Term Corporate Bond ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
22% more funds holding
Funds holding: 9 → 11 (+2)
7% more capital invested
Capital invested by funds: $9.79M → $10.4M (+$645K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
8.91% less ownership
Funds ownership: 76.44% → 67.53% (-8.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$1.54M |
| 2 |
VF
Virtu Financial
New York
|
+$545K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$62.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$21K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$13.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Covington Investment Advisors
Ligonier,
Pennsylvania
|
-$991K |
| 2 |
Jane Street
New York
|
-$401K |
| 3 |
AssetMark Inc
Concord,
California
|
-$159K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIA
1
Covington Investment Advisors
Ligonier,
Pennsylvania
| $6.67M | -$991K | -38,935 | -13% |
|
|
DWM
2
Destination Wealth Management
Walnut Creek,
California
| $1.56M | +$1.54M | +60,472 | New |
|
|
VF
3
Virtu Financial
New York
| $551K | +$545K | +21,400 | New |
|
|
4
Wells Fargo
San Francisco,
California
| $444K | +$13.8K | +544 | +3% |
|
|
5
Jane Street
New York
| $407K | -$401K | -15,743 | -50% |
|
|
6
Stifel Financial
St. Louis,
Missouri
| $353K | +$62.6K | +2,457 | +22% |
|
7
LPL Financial
San Diego,
California
| $241K | +$2.8K | +110 | +1% |
|
|
LTI
8
Laffer Tengler Investments
Nashville,
Tennessee
| $120K | – | – | – |
|
|
9
AssetMark Inc
Concord,
California
| $53K | -$159K | -6,242 | -75% |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $21K | +$21K | +823 | New |
|
|
GWM
11
Geneos Wealth Management
Englewood,
Colorado
| $16K | – | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$49K | -1,908 | Closed |
|
IGBH Hedge Fund Activity: Q3 2017 in Review
11 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) for Q3 2017, worth a combined $10.4M — up 6.6% from $9.79M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new IGBH positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Destination Wealth Management, opening a new position worth an estimated $1.54M. The largest seller was Covington Investment Advisors, cutting an estimated $991K.
- 11 institutional investors held iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) as of Q3 2017, up from 9 in Q2 2017.
- Funds reported $10.4M of iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock for Q3 2017, up 6.6% quarter-over-quarter.
- 3 funds opened new iShares Interest Rate Hedged Long-Term Corporate Bond ETF positions in Q3 2017 and 1 closed out, a net change of +2 holders.
- The largest iShares Interest Rate Hedged Long-Term Corporate Bond ETF buyer in Q3 2017 was Destination Wealth Management, an estimated $1.54M added.
- The largest iShares Interest Rate Hedged Long-Term Corporate Bond ETF seller in Q3 2017 was Covington Investment Advisors, an estimated $991K sold.
Based on aggregated 13F filings for Q3 2017.