iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Sees Strong Trading Volume

iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) saw an uptick in trading volume on Wednesday . 330,949 shares were traded during trading, a decline of 67% from the previous session’s volume of 989,842 shares.The stock last traded at $48.94 and had previously closed at $48.62.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

The business has a fifty day moving average of $50.78 and a 200 day moving average of $49.89.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors Inc. boosted its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 5.1% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 4,073 shares of the company’s stock valued at $250,000 after buying an additional 196 shares in the last quarter. Cetera Investment Advisers boosted its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.6% during the first quarter. Cetera Investment Advisers now owns 17,923 shares of the company’s stock worth $1,101,000 after acquiring an additional 275 shares in the last quarter. Penserra Capital Management LLC grew its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 33.3% in the first quarter. Penserra Capital Management LLC now owns 1,328 shares of the company’s stock worth $81,000 after purchasing an additional 332 shares during the period. Naples Money Management LLC bought a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $26,000. Finally, Carolina Wealth Advisors LLC lifted its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 0.6% during the fourth quarter. Carolina Wealth Advisors LLC now owns 117,200 shares of the company’s stock valued at $6,175,000 after purchasing an additional 679 shares during the last quarter.

About iShares 10+ Year Investment Grade Corporate Bond ETF

The iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) is an exchange-traded fund that is based on the ICE BofA US Corporate (10+ Y) index. The fund tracks a market-value weighted index of US dollar-denominated, investment-grade corporate debt with at least 10 years remaining in maturity. IGLB was launched on Dec 8, 2009 and is managed by BlackRock.