IGIB - iShares Intermediate-Term Corporate Bond ETF
| Previous Close | 57.43 |
| Open | 57.54 |
| Bid | 0.00 x 2900 |
| Ask | 0.00 x 1000 |
| Day's Range | 57.29 - 57.61 |
| 52 Week Range | 51.96 - 58.46 |
| Volume | 930,207 |
| Avg. Volume | 1,019,350 |
| Net Assets | 7.2B |
| NAV | 57.30 |
| PE Ratio (TTM) | N/A |
| Yield | 3.61% |
| YTD Return | 11.89% |
| Beta (3Y Monthly) | 0.90 |
| Expense Ratio (net) | 0.06% |
| Inception Date | 2007-01-05 |
- ETF Trends
With Neutral Near, This Corporate Bond ETF Could Work
The Federal Reserve will likely deliver its fourth interest rate hike of 2018 later this month, but recent commentary from Fed Chair Jerome Powell indicates the central bank could slow its pace of rate hikes next year. With a neutral stance on rates becoming more of a reality, some intermediate-term fixed income exchange traded funds could be worth examining. IGIB has an effective duration of 6.15 years, according to iShares data.
- InvestorPlace
The 10 Best ETFs to Buy in 2019
- ETF Trends
A New Look Benefits This Corporate Bond ETF
Sometimes a new look can benefit exchange traded funds. Some market observers argue that is the case with the iShares Intermediate-Term Corporate Bond ETF (IGIB) , which earlier this year swapped indexes. “The fund’s new bogy is cleaner (it excludes supranationals, municipal bonds, and sovereign debt, which were included in its predecessor) and more modular (when considered in the context of its similarly recast sibling exchange-traded funds) than its prior one,” said Morningstar in a note out Wednesday.
