Motley Fool Wealth Management LLC Takes $12.82 Million Position in iShares 10+ Year Investment Grade Corporate Bond ETF $IGLB

Motley Fool Wealth Management LLC purchased a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 255,261 shares of the company’s stock, valued at approximately $12,817,000. Motley Fool Wealth Management LLC owned about 0.53% of iShares 10+ Year Investment Grade Corporate Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 32.5% during the first quarter. Ameriprise Financial Inc. now owns 1,609,795 shares of the company’s stock valued at $80,866,000 after purchasing an additional 394,967 shares during the period. Bank of New York Mellon Corp lifted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 25.9% during the first quarter. Bank of New York Mellon Corp now owns 682,206 shares of the company’s stock valued at $34,267,000 after purchasing an additional 140,256 shares during the period. NYL Investors LLC lifted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 1.0% during the first quarter. NYL Investors LLC now owns 381,000 shares of the company’s stock valued at $19,138,000 after purchasing an additional 3,900 shares during the period. Horizon Investments LLC lifted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 3.4% during the first quarter. Horizon Investments LLC now owns 346,721 shares of the company’s stock valued at $17,263,000 after purchasing an additional 11,472 shares during the period. Finally, Klaas Financial Asset Advisors LLC lifted its position in iShares 10+ Year Investment Grade Corporate Bond ETF by 2.4% during the second quarter. Klaas Financial Asset Advisors LLC now owns 218,809 shares of the company’s stock valued at $10,986,000 after purchasing an additional 5,224 shares during the period.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares 10+ Year Investment Grade Corporate Bond ETF stock opened at $52.57 on Tuesday. The company’s 50 day moving average is $51.36 and its 200 day moving average is $49.95. iShares 10+ Year Investment Grade Corporate Bond ETF has a twelve month low of $46.75 and a twelve month high of $52.58.

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.