Arkadios Wealth Advisors Purchases Shares of 4,585 iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Arkadios Wealth Advisors bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) in the second quarter, Holdings Channel reports. The institutional investor bought 4,585 shares of the company’s stock, valued at approximately $229,000.

Several other institutional investors have also recently bought and sold shares of the business. Richardson Financial Services Inc. bought a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $171,000. Comerica Bank raised its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 11.3% in the first quarter. Comerica Bank now owns 14,035 shares of the company’s stock worth $723,000 after acquiring an additional 1,423 shares during the last quarter. Payden & Rygel Investment Group acquired a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the first quarter worth approximately $3,713,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 689.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 114,888 shares of the company’s stock valued at $5,918,000 after purchasing an additional 100,335 shares during the last quarter. Finally, Carolina Wealth Advisors LLC increased its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 5.4% in the first quarter. Carolina Wealth Advisors LLC now owns 123,528 shares of the company’s stock valued at $6,363,000 after purchasing an additional 6,328 shares in the last quarter.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

IGLB stock opened at $52.38 on Friday. The company has a 50 day moving average price of $51.41 and a 200 day moving average price of $50.71. iShares 10+ Year Investment Grade Corporate Bond ETF has a fifty-two week low of $44.46 and a fifty-two week high of $53.36.

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.