RiverFront Investment Group LLC Has $56.63 Million Stock Holdings in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

RiverFront Investment Group LLC boosted its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,074,816 shares of the company’s stock after acquiring an additional 93,416 shares during the quarter. iShares 10+ Year Investment Grade Corporate Bond ETF accounts for about 1.8% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 19th biggest position. RiverFront Investment Group LLC owned about 2.72% of iShares 10+ Year Investment Grade Corporate Bond ETF worth $56,632,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IGLB. Naples Money Management LLC acquired a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $26,000. Crescent Grove Advisors LLC acquired a new position in iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter worth $245,000. Meadow Creek Wealth Advisors LLC bought a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the fourth quarter valued at $346,000. NBT Bank N A NY boosted its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 52.1% in the 3rd quarter. NBT Bank N A NY now owns 9,435 shares of the company’s stock valued at $445,000 after purchasing an additional 3,230 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 1,261.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 103,557 shares of the company’s stock valued at $4,882,000 after purchasing an additional 95,951 shares in the last quarter.

iShares 10+ Year Investment Grade Corporate Bond ETF Trading Up 0.5 %

Shares of iShares 10+ Year Investment Grade Corporate Bond ETF stock traded up $0.25 during mid-day trading on Friday, reaching $48.89. 457,196 shares of the stock were exchanged, compared to its average volume of 986,169. 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. The firm has a 50-day simple moving average of $50.43 and a 200 day simple moving average of $50.04.

About iShares 10+ Year Investment Grade Corporate Bond ETF

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.