NYSEARCA:IG

Principal Investment Grade Corporate Active ETF (IG) Price, Holdings, & News

$20.08
+0.07 (+0.35%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$20.06
$20.09
50-Day Range
$19.96
$20.73
52-Week Range
$19.05
$21.10
Volume
7,000 shs
Average Volume
19,858 shs
Market Capitalization
$76.30 million
Assets Under Management
$76.20 million
Dividend Yield
7.27%
Net Expense Ratio
0.26%

About Principal Investment Grade Corporate Active ETF

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.

IG Stock Price History

IG ETF News Headlines

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Fund Details

Issuer
Principal
Fund Name
Principal Investment Grade Corporate Active ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:IG
Inception Date
4/18/2018
Fund Manager
John R. Friedl, Paul S. Kim, Daniela Spassova, Timothy Warrick
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Broad Debt
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
160

Fund Statistics

Assets Under Management
$76.20 million
Average Daily Volume
$13,722.10
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
Principal Global Investors, LLC
Advisor
Principal Global Investors, LLC
Custodian
State Street Bank and Trust Company
Distributor
ALPS Distributors, Inc.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
7,100 shs

Miscellaneous

Beta
0.20
Creation Unit
50,000
Creation Fee
$750.00
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Principal Investment Grade Corporate Active ETF Expenses

TypeIGInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.26%0.22%0.32%0.50%0.51%
Other Expenses0.00%0.12%0.28%0.64%0.58%
Total Expense0.26%0.25%0.40%0.74%0.70%
Fee Waiver0.00%-0.15%-0.24%-0.68%-0.57%
Net Expense0.26%0.22%0.35%0.57%0.58%

Principal Investment Grade Corporate Active ETF (IG) Holdings & Exposure

Top 10 IG Holdings

  • JPMorgan Chase & Co. 6.254%
    Holding Weight: 3.76%
  • Bank of America Corp. 5.468%
    Holding Weight: 3.59%
  • Morgan Stanley 5.466%
    Holding Weight: 3.38%
  • Us Ultra Bond Cbt Jun24 Xcbt 20240618
    Holding Weight: 3.28%
  • Us Long Bond(Cbt) Jun24 Xcbt 20240618
    Holding Weight: 2.49%
  • Wells Fargo & Co. 2.393%
    Holding Weight: 2.15%
  • Becton, Dickinson and Company 3.7%
    Holding Weight: 1.97%
  • NiSource Inc. 0.95%
    Holding Weight: 1.78%
  • VMware Inc 4.65%
    Holding Weight: 1.74%
  • T-Mobile USA, Inc. 3.375%
    Holding Weight: 1.72%

IG Sector Exposure

IG Industry Exposure


IG ETF - Frequently Asked Questions

How have IG shares performed in 2024?

Principal Investment Grade Corporate Active ETF's stock was trading at $20.99 at the start of the year. Since then, IG shares have decreased by 4.3% and is now trading at $20.08.
View the best growth stocks for 2024 here
.

How often does Principal Investment Grade Corporate Active ETF pay dividends? What is the dividend yield for Principal Investment Grade Corporate Active ETF?

Principal Investment Grade Corporate Active ETF declared a dividend on Thursday, December 14th. Investors of record on Tuesday, April 2nd will be given a dividend of $0.0858 per share on Thursday, April 4th. The ex-dividend date is Monday, April 1st. This is an increase from the stock's previous dividend of $0.08.
Read our dividend analysis for IG
.

What does IG invest in?

Principal Investment Grade Corporate Active ETF is a fixed income fund issued by Principal. IG focuses on investment grade investments. The fund's investments total to approximately $76.20 million assets under management.

What is the management fee for Principal Investment Grade Corporate Active ETF?

Principal Investment Grade Corporate Active ETF's management fee is 0.26% and has no other recorded expenses or fee waivers. The net expense ratio for IG is 0.26%.

What other stocks do shareholders of Principal Investment Grade Corporate Active ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Principal Investment Grade Corporate Active ETF investors own include AbbVie (ABBV), Merck & Co., Inc. (MRK), Netflix (NFLX), Abbott Laboratories (ABT), American Tower (AMT), Home Depot (HD), Intel (INTC) and Johnson & Johnson (JNJ).

Who are Principal Investment Grade Corporate Active ETF's major shareholders?

Principal Investment Grade Corporate Active ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (14.82%) and Capital Investment Advisory Services LLC (0.04%).

How do I buy shares of Principal Investment Grade Corporate Active ETF?

Shares of IG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:IG) was last updated on 4/29/2024 by MarketBeat.com Staff

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