Fifth Third Securities Inc. bought a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB – Free Report) during the third quarter, HoldingsChannel reports. The firm bought 193,595 shares of the company’s stock, valued at approximately $8,840,000.
Other institutional investors have also added to or reduced their stakes in the company. Klaas Financial Asset Advisors LLC increased its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 5.8% during the second quarter. Klaas Financial Asset Advisors LLC now owns 475,930 shares of the company’s stock valued at $23,816,000 after acquiring an additional 26,021 shares during the period. Mittelman Wealth Management raised its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 22.5% in the 1st quarter. Mittelman Wealth Management now owns 180,799 shares of the company’s stock valued at $8,973,000 after buying an additional 33,156 shares in the last quarter. Strategic Investment Advisors MI bought a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the 1st quarter worth about $207,000. Horizons Wealth Management acquired a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $193,000. Finally, Strive Financial Group LLC acquired a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $40,000.
iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance
NYSEARCA IGLB traded up $0.02 on Wednesday, reaching $46.48. The company’s stock had a trading volume of 477,719 shares, compared to its average volume of 1,912,375. The business has a 50-day moving average price of $47.04 and a 200 day moving average price of $48.60. iShares 10+ Year Investment Grade Corporate Bond ETF has a 52 week low of $45.03 and a 52 week high of $52.60.
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.
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