Motley Fool Wealth Management LLC Takes $12.82 Million Position in iShares 10+ Year Investment Grade Corporate Bond ETF $IGLB

Motley Fool Wealth Management LLC acquired a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) during the 2nd quarter, Holdings Channel reports. The fund acquired 255,261 shares of the company’s stock, valued at approximately $12,817,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 32.5% during the 1st quarter. Ameriprise Financial Inc. now owns 1,609,795 shares of the company’s stock valued at $80,866,000 after purchasing an additional 394,967 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 25.9% during the 1st quarter. Bank of New York Mellon Corp now owns 682,206 shares of the company’s stock valued at $34,267,000 after purchasing an additional 140,256 shares during the period. NYL Investors LLC raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 1.0% during the 1st quarter. NYL Investors LLC now owns 381,000 shares of the company’s stock valued at $19,138,000 after purchasing an additional 3,900 shares during the period. Horizon Investments LLC raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 3.4% during the 1st quarter. Horizon Investments LLC now owns 346,721 shares of the company’s stock valued at $17,263,000 after purchasing an additional 11,472 shares during the period. Finally, Klaas Financial Asset Advisors LLC raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 2.4% during the 2nd quarter. Klaas Financial Asset Advisors LLC now owns 218,809 shares of the company’s stock valued at $10,986,000 after purchasing an additional 5,224 shares during the period.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

Shares of IGLB stock opened at $52.57 on Tuesday. iShares 10+ Year Investment Grade Corporate Bond ETF has a one year low of $46.75 and a one year high of $52.58. The company’s fifty day moving average price is $51.36 and its 200-day moving average price is $49.95.

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.