iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Sees Strong Trading Volume – What’s Next?

iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) shares saw strong trading volume on Thursday . 1,747,182 shares traded hands during mid-day trading, an increase of 79% from the previous session’s volume of 976,162 shares.The stock last traded at $51.1110 and had previously closed at $51.04.

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

The firm has a fifty day simple moving average of $51.45 and a 200-day simple moving average of $50.55.

Institutional Investors Weigh In On iShares 10+ Year Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IGLB. Parallel Advisors LLC lifted its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 111.5% in the second quarter. Parallel Advisors LLC now owns 3,088 shares of the company’s stock worth $155,000 after acquiring an additional 1,628 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the second quarter worth $1,612,000. Titleist Asset Management LLC lifted its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 5.6% during the first quarter. Titleist Asset Management LLC now owns 49,530 shares of the company’s stock worth $2,488,000 after purchasing an additional 2,621 shares during the period. Horizons Wealth Management grew its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 8.3% in the 2nd quarter. Horizons Wealth Management now owns 3,545 shares of the company’s stock valued at $178,000 after buying an additional 271 shares during the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF during the first quarter worth approximately $2,411,000.

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.