Naples Money Management LLC Buys Shares of 500 iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Naples Money Management LLC acquired a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 500 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 6,376.7% during the 1st quarter. Jane Street Group LLC now owns 853,957 shares of the company’s stock valued at $52,450,000 after purchasing an additional 840,772 shares during the last quarter. RiverFront Investment Group LLC raised its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 137.4% during the third quarter. RiverFront Investment Group LLC now owns 981,400 shares of the company’s stock worth $46,263,000 after acquiring an additional 568,091 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 394.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 358,629 shares of the company’s stock worth $16,906,000 after acquiring an additional 286,134 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 33.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 423,098 shares of the company’s stock valued at $19,945,000 after purchasing an additional 106,524 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in 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 worth $4,882,000 after purchasing an additional 95,951 shares during the period.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA IGLB opened at $48.98 on Friday. The company has a 50-day simple moving average of $50.63 and a two-hundred day simple moving average of $49.89. iShares 10+ Year Investment Grade Corporate Bond ETF has a 12-month low of $44.46 and a 12-month high of $53.36.

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.