iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Stock Price Down 0.6% – Here’s What Happened

iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)’s share price traded down 0.6% during trading on Thursday . The stock traded as low as $48.48 and last traded at $48.48. 341,425 shares changed hands during trading, a decline of 55% from the average session volume of 752,936 shares. The stock had previously closed at $48.79.

iShares 10+ Year Investment Grade Corporate Bond ETF Trading Down 0.6 %

The firm has a 50-day moving average of $49.39 and a two-hundred day moving average of $50.04.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IGLB. Transcendent Capital Group LLC acquired a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter worth $25,000. Bessemer Group Inc. purchased a new position in iShares 10+ Year Investment Grade Corporate Bond ETF in the 1st quarter valued at about $41,000. Janney Montgomery Scott LLC boosted its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 0.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 257,111 shares of the company’s stock worth $12,915,000 after buying an additional 990 shares during the last quarter. Parallel Advisors LLC increased its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 284.2% during the 1st quarter. Parallel Advisors LLC now owns 1,460 shares of the company’s stock worth $73,000 after buying an additional 1,080 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 3,216.4% during the fourth quarter. First Horizon Advisors Inc. now owns 2,023 shares of the company’s stock valued at $100,000 after acquiring an additional 1,962 shares during the last quarter.

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.