iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Sees Large Volume Increase – Should You Buy?

iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) shares saw an uptick in trading volume on Tuesday . 1,511,389 shares were traded during mid-day trading, an increase of 101% from the previous session’s volume of 750,518 shares.The stock last traded at $48.83 and had previously closed at $48.85.

iShares 10+ Year Investment Grade Corporate Bond ETF Price Performance

The business has a 50-day moving average of $50.16 and a 200 day moving average of $50.73.

Institutional Trading of iShares 10+ Year Investment Grade Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the business. Transcendent Capital Group LLC bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $25,000. Parallel Advisors LLC raised its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 284.2% in the 1st quarter. Parallel Advisors LLC now owns 1,460 shares of the company’s stock valued at $73,000 after buying an additional 1,080 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 3,216.4% during the 4th quarter. First Horizon Advisors Inc. now owns 2,023 shares of the company’s stock valued at $100,000 after acquiring an additional 1,962 shares in the last quarter. Klaas Financial Asset Advisors LLC boosted its holdings in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.1% during the 4th quarter. Klaas Financial Asset Advisors LLC now owns 207,026 shares of the company’s stock worth $10,227,000 after acquiring an additional 2,307 shares during the last quarter. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF in the 4th quarter worth $189,000.

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.