iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Sees Unusually-High Trading Volume

Shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLBGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 386,019 shares traded hands during trading, a decline of 52% from the previous session’s volume of 800,048 shares.The stock last traded at $53.39 and had previously closed at $53.42.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

The business has a 50-day simple moving average of $51.79 and a 200-day simple moving average of $50.83.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Richardson Financial Services Inc. purchased a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $171,000. Arkadios Wealth Advisors bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $229,000. Vantage Financial Partners LLC purchased a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF in the second quarter worth $463,000. Comerica Bank lifted its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 11.3% during the first quarter. Comerica Bank now owns 14,035 shares of the company’s stock worth $723,000 after purchasing an additional 1,423 shares during the last quarter. Finally, Payden & Rygel Investment Group purchased a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the first quarter valued at $3,713,000.

iShares 10+ Year Investment Grade Corporate Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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