Richardson Financial Services Inc. Makes New $171,000 Investment in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Richardson Financial Services Inc. acquired a new position 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 13F filing with the Securities and Exchange Commission. The fund acquired 3,244 shares of the company’s stock, valued at approximately $171,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IGLB. RiverFront Investment Group LLC grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 9.5% during the 4th quarter. RiverFront Investment Group LLC now owns 1,074,816 shares of the company’s stock valued at $56,632,000 after acquiring an additional 93,416 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 5.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 242,402 shares of the company’s stock valued at $12,773,000 after acquiring an additional 12,499 shares in the last quarter. NYL Investors LLC grew its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.7% during the 3rd quarter. NYL Investors LLC now owns 667,400 shares of the company’s stock valued at $31,461,000 after acquiring an additional 11,200 shares in the last quarter. Meadow Creek Wealth Advisors LLC purchased a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $346,000. Finally, Crescent Grove Advisors LLC purchased a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $245,000.

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

NYSEARCA:IGLB traded up $0.11 on Friday, hitting $51.19. 420,258 shares of the company’s stock traded hands, compared to its average volume of 863,279. iShares 10+ Year Investment Grade Corporate Bond ETF has a 1 year low of $44.46 and a 1 year high of $53.36. The firm has a 50-day moving average price of $49.83 and a 200-day moving average price of $50.84.

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.