Ameriprise Financial Inc. Sells 1,124,310 Shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Ameriprise Financial Inc. decreased its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) by 48.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,214,828 shares of the company’s stock after selling 1,124,310 shares during the quarter. Ameriprise Financial Inc. owned approximately 2.75% of iShares 10+ Year Investment Grade Corporate Bond ETF worth $60,236,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. First Horizon Advisors Inc. raised its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 3,216.4% during the 4th quarter. First Horizon Advisors Inc. now owns 2,023 shares of the company’s stock worth $100,000 after purchasing an additional 1,962 shares during the last quarter. Horizon Investments LLC grew its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 73.0% during the 4th quarter. Horizon Investments LLC now owns 335,249 shares of the company’s stock worth $16,491,000 after acquiring an additional 141,511 shares during the period. Allstate Corp grew its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 66.2% during the 4th quarter. Allstate Corp now owns 185,079 shares of the company’s stock worth $9,143,000 after acquiring an additional 73,750 shares during the period. Janney Montgomery Scott LLC raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 1.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 256,121 shares of the company’s stock valued at $12,652,000 after acquiring an additional 4,075 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC lifted its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 1.1% in the 4th quarter. Klaas Financial Asset Advisors LLC now owns 207,026 shares of the company’s stock valued at $10,227,000 after purchasing an additional 2,307 shares during the period.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Down 0.1 %

Shares of iShares 10+ Year Investment Grade Corporate Bond ETF stock opened at $48.44 on Friday. The business has a fifty day simple moving average of $49.34 and a 200 day simple moving average of $50.02. iShares 10+ Year Investment Grade Corporate Bond ETF has a 12 month low of $46.75 and a 12 month high of $54.42.

About iShares 10+ Year Investment Grade Corporate Bond ETF

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.