iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $47.92 and last traded at $48.01, with a volume of 1237086 shares changing hands. The stock had previously closed at $48.49.
iShares 10+ Year Investment Grade Corporate Bond ETF Trading Down 1.1%
The stock’s 50-day moving average is $49.49 and its 200-day moving average is $50.00.
Institutional Trading of iShares 10+ Year Investment Grade Corporate Bond ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 158.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,595 shares of the company’s stock valued at $80,000 after acquiring an additional 978 shares during the last quarter. Parallel Advisors LLC grew its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 16.2% during the 3rd quarter. Parallel Advisors LLC now owns 3,588 shares of the company’s stock worth $185,000 after acquiring an additional 500 shares during the last quarter. Strategic Investment Advisors MI bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF during the 1st quarter worth $207,000. Grey Ledge Advisors LLC increased its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 842.1% in the 4th quarter. Grey Ledge Advisors LLC now owns 6,689 shares of the company’s stock worth $337,000 after purchasing an additional 5,979 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $342,000.
iShares 10+ Year Investment Grade Corporate Bond ETF Company Profile
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.
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