RMG Wealth Management LLC Acquires Shares of 700 iShares 10+ Year Investment Grade Corporate Bond ETF $IGLB

RMG Wealth Management LLC acquired a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 700 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC raised its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 111.5% in the second quarter. Parallel Advisors LLC now owns 3,088 shares of the company’s stock valued at $155,000 after buying an additional 1,628 shares during the period. Bessemer Group Inc. bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF in the first quarter valued at approximately $41,000. GAMMA Investing LLC raised its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 4,922.9% in the first quarter. GAMMA Investing LLC now owns 5,927 shares of the company’s stock valued at $298,000 after buying an additional 5,809 shares during the period. Titleist Asset Management LLC raised its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 5.6% in the first quarter. Titleist Asset Management LLC now owns 49,530 shares of the company’s stock valued at $2,488,000 after buying an additional 2,621 shares during the period. Finally, OLD Mission Capital LLC bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF in the first quarter valued at approximately $2,411,000.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:IGLB opened at $51.44 on Wednesday. The stock’s 50 day moving average price is $50.86 and its two-hundred day moving average price is $49.71. iShares 10+ Year Investment Grade Corporate Bond ETF has a 12-month low of $46.75 and a 12-month high of $52.90.

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.