iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Reaches New 52-Week Low – Here’s What Happened

iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $47.23 and last traded at $47.2350, with a volume of 105510 shares traded. The stock had previously closed at $47.63.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Down 0.8%

The stock has a 50 day moving average price of $48.30 and a two-hundred day moving average price of $49.36.

Institutional Trading of iShares 10+ Year Investment Grade Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IGLB. RiverFront Investment Group LLC boosted its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 6.2% in the fourth quarter. RiverFront Investment Group LLC now owns 801,697 shares of the company’s stock valued at $40,446,000 after purchasing an additional 46,462 shares during the period. Horizon Investments LLC increased its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.5% during the 3rd quarter. Horizon Investments LLC now owns 509,865 shares of the company’s stock worth $26,059,000 after buying an additional 7,668 shares during the period. Klaas Financial Asset Advisors LLC lifted its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 5.8% during the 2nd quarter. Klaas Financial Asset Advisors LLC now owns 475,930 shares of the company’s stock worth $23,816,000 after buying an additional 26,021 shares in the last quarter. NYL Investors LLC boosted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.8% in the 4th quarter. NYL Investors LLC now owns 396,152 shares of the company’s stock valued at $19,986,000 after buying an additional 6,966 shares during the period. Finally, Mittelman Wealth Management boosted its position in 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 during the period.

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.