Bank of New York Mellon Corp Buys 202,050 Shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Bank of New York Mellon Corp grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) by 59.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 541,950 shares of the company’s stock after acquiring an additional 202,050 shares during the period. Bank of New York Mellon Corp owned 1.23% of iShares 10+ Year Investment Grade Corporate Bond ETF worth $26,772,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Transcendent Capital Group LLC bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $25,000. First Horizon Advisors Inc. grew its holdings in 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 worth $100,000 after purchasing an additional 1,962 shares during the period. Strategic Wealth Investment Group LLC bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $189,000. Sunbelt Securities Inc. grew its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 235.5% during the third quarter. Sunbelt Securities Inc. now owns 11,660 shares of the company’s stock worth $625,000 after purchasing an additional 8,185 shares during the period. Finally, ORG Partners LLC bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $744,000.

iShares 10+ Year Investment Grade Corporate Bond ETF Trading Down 0.2 %

iShares 10+ Year Investment Grade Corporate Bond ETF stock opened at $50.24 on Monday. iShares 10+ Year Investment Grade Corporate Bond ETF has a 52 week low of $48.17 and a 52 week high of $54.42. The stock has a 50-day simple moving average of $49.78 and a 200 day simple moving average of $51.19.

iShares 10+ Year Investment Grade Corporate Bond ETF 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.