Naples Money Management LLC Takes $26,000 Position in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Naples Money Management LLC purchased a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 500 shares of the company’s stock, valued at approximately $26,000.

Other hedge funds have also added to or reduced their stakes in the company. Penserra Capital Management LLC raised its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 33.3% during the 1st quarter. Penserra Capital Management LLC now owns 1,328 shares of the company’s stock valued at $81,000 after acquiring an additional 332 shares during the last quarter. Laurel Wealth Advisors Inc. lifted its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 5.1% in the first quarter. Laurel Wealth Advisors Inc. now owns 4,073 shares of the company’s stock valued at $250,000 after buying an additional 196 shares during the period. Sunbelt Securities Inc. bought a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the second quarter worth about $237,000. Crescent Grove Advisors LLC acquired a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $245,000. Finally, Meadow Creek Wealth Advisors LLC bought a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $346,000.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA IGLB opened at $48.98 on Friday. The firm has a 50 day moving average price of $50.63 and a 200 day moving average price of $49.89. iShares 10+ Year Investment Grade Corporate Bond ETF has a 52-week low of $44.46 and a 52-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.