RiverFront Investment Group LLC Buys 142,047 Shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

RiverFront Investment Group LLC grew its position in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) by 9.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,713,713 shares of the company’s stock after acquiring an additional 142,047 shares during the period. iShares 10+ Year Investment Grade Corporate Bond ETF accounts for approximately 1.9% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 18th biggest position. RiverFront Investment Group LLC’s holdings in iShares 10+ Year Investment Grade Corporate Bond ETF were worth $84,657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IGLB. Transcendent Capital Group LLC bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $25,000. First Horizon Advisors Inc. increased its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 3,216.4% in the fourth quarter. First Horizon Advisors Inc. now owns 2,023 shares of the company’s stock valued at $100,000 after buying 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 in the 4th quarter valued at approximately $189,000. Jones Financial Companies Lllp boosted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 250.9% during the 4th quarter. Jones Financial Companies Lllp now owns 9,131 shares of the company’s stock worth $451,000 after buying an additional 6,529 shares during the period. Finally, Sunbelt Securities Inc. increased its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 235.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 11,660 shares of the company’s stock valued at $625,000 after acquiring an additional 8,185 shares during the period.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Up 0.8 %

IGLB stock opened at $50.02 on Friday. 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 company has a fifty day moving average price of $50.11 and a 200-day moving average price of $50.93.

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.