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

iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) shares saw unusually-strong trading volume on Wednesday . Approximately 467,951 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 483,761 shares.The stock last traded at $48.89 and had previously closed at $48.94.

iShares 10+ Year Investment Grade Corporate Bond ETF Price Performance

The company has a 50-day moving average price of $49.84 and a 200-day moving average price of $50.78.

Hedge Funds Weigh In On iShares 10+ Year Investment Grade Corporate Bond ETF

Large investors have recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the second quarter valued at about $237,000. JPMorgan Chase & Co. grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 29.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 72,495 shares of the company’s stock valued at $3,737,000 after purchasing an additional 16,557 shares in the last quarter. SlateStone Wealth LLC acquired a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $7,945,000. RiverFront Investment Group LLC grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 120.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 413,309 shares of the company’s stock valued at $21,306,000 after purchasing an additional 225,516 shares in the last quarter. Finally, Wayfinding Financial LLC grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 7.0% during the 2nd quarter. Wayfinding Financial LLC now owns 6,392 shares of the company’s stock valued at $326,000 after purchasing an additional 416 shares in 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.