Mittelman Wealth Management Takes Position in iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB)

Mittelman Wealth Management purchased a new position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) in the third quarter, HoldingsChannel reports. The firm purchased 361,689 shares of the company’s stock, valued at approximately $19,383,000. iShares 10+ Year Investment Grade Corporate Bond ETF accounts for 11.0% of Mittelman Wealth Management’s portfolio, making the stock its 5th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. RiverFront Investment Group LLC grew its stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 29.5% in the second quarter. RiverFront Investment Group LLC now owns 1,581,003 shares of the company’s stock worth $79,113,000 after acquiring an additional 360,495 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF in the third quarter valued at $1,476,000. Vantage Financial Partners LLC purchased a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF during the second quarter worth approximately $463,000. Arkadios Wealth Advisors purchased a new stake in shares of iShares 10+ Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $229,000. Finally, NYL Investors LLC lifted its position in shares of iShares 10+ Year Investment Grade Corporate Bond ETF by 0.7% during the 3rd quarter. NYL Investors LLC now owns 372,500 shares of the company’s stock worth $19,962,000 after buying an additional 2,500 shares during the last quarter.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Down 0.5 %

NYSEARCA IGLB opened at $52.02 on Tuesday. The firm’s fifty day moving average price is $51.65 and its 200 day moving average price is $51.67. iShares 10+ Year Investment Grade Corporate Bond ETF has a 12 month low of $48.26 and a 12 month high of $54.42.

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.