JPMorgan Chase & Co. Grows Position in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

JPMorgan Chase & Co. grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) by 72.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 527,778 shares of the company’s stock after buying an additional 221,370 shares during the period. JPMorgan Chase & Co.’s holdings in iShares 10+ Year Investment Grade Corporate Bond ETF were worth $28,284,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mittelman Wealth Management acquired a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $19,383,000. Klaas Financial Asset Advisors LLC lifted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 0.8% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 204,719 shares of the company’s stock worth $10,971,000 after acquiring an additional 1,664 shares during the period. RiverFront Investment Group LLC grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 29.5% during the 2nd quarter. RiverFront Investment Group LLC now owns 1,581,003 shares of the company’s stock valued at $79,113,000 after purchasing an additional 360,495 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 235.5% in the third quarter. Sunbelt Securities Inc. now owns 11,660 shares of the company’s stock valued at $625,000 after purchasing an additional 8,185 shares during the period. Finally, NYL Investors LLC raised its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 0.7% in the third quarter. NYL Investors LLC now owns 372,500 shares of the company’s stock worth $19,962,000 after purchasing an additional 2,500 shares during the last quarter.

iShares 10+ Year Investment Grade Corporate Bond ETF Trading Down 0.8 %

Shares of NYSEARCA IGLB opened at $48.68 on Wednesday. iShares 10+ Year Investment Grade Corporate Bond ETF has a 52 week low of $48.26 and a 52 week high of $54.42. The business’s 50 day moving average price is $50.72 and its 200 day moving average price is $51.59.

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.