SlateStone Wealth LLC Lowers Stock Position in iShares 10+ Year Investment Grade Corporate Bond ETF $IGLB

SlateStone Wealth LLC cut its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) by 12.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 123,819 shares of the company’s stock after selling 17,967 shares during the period. SlateStone Wealth LLC’s holdings in iShares 10+ Year Investment Grade Corporate Bond ETF were worth $6,217,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IGLB. Ameriprise Financial Inc. lifted its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 32.5% during the 1st quarter. Ameriprise Financial Inc. now owns 1,609,795 shares of the company’s stock worth $80,866,000 after acquiring an additional 394,967 shares during the last quarter. Bank of New York Mellon Corp increased its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 9.9% in the second quarter. Bank of New York Mellon Corp now owns 749,465 shares of the company’s stock valued at $37,631,000 after acquiring an additional 67,259 shares during the last quarter. NYL Investors LLC raised its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.0% during the first quarter. NYL Investors LLC now owns 381,000 shares of the company’s stock valued at $19,138,000 after purchasing an additional 3,900 shares in the last quarter. Horizon Investments LLC raised its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 3.4% during the first quarter. Horizon Investments LLC now owns 346,721 shares of the company’s stock valued at $17,263,000 after purchasing an additional 11,472 shares in the last quarter. Finally, Motley Fool Wealth Management LLC bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF during the second quarter worth about $12,817,000.

iShares 10+ Year Investment Grade Corporate Bond ETF Trading Up 0.7%

IGLB opened at $51.35 on Tuesday. The stock has a 50-day moving average price of $51.54 and a 200-day moving average price of $50.32. iShares 10+ Year Investment Grade Corporate Bond ETF has a 12-month low of $46.75 and a 12-month high of $52.60.

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.