NYL Investors LLC Takes $24 Million Position in iShares Long-Term Corporate Bond ETF (IGLB)

NYL Investors LLC bought a new position in iShares Long-Term Corporate Bond ETF (NYSEARCA:IGLB) in the second quarter, according to its most recent filing with the SEC. The firm bought 414,200 shares of the company’s stock, valued at approximately $23,999,000. iShares Long-Term Corporate Bond ETF makes up 13.4% of NYL Investors LLC’s investment portfolio, making the stock its 4th largest position. NYL Investors LLC owned 4.36% of iShares Long-Term Corporate Bond ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in the stock. US Bancorp DE purchased a new position in iShares Long-Term Corporate Bond ETF during the 2nd quarter worth approximately $909,000. First Allied Advisory Services Inc. purchased a new position in iShares Long-Term Corporate Bond ETF during the 2nd quarter worth approximately $814,000. Finally, Keybank National Association OH purchased a new position in iShares Long-Term Corporate Bond ETF during the 2nd quarter worth approximately $24,323,000.

IGLB traded up $0.11 during trading on Wednesday, reaching $58.50. 120,121 shares of the company’s stock were exchanged, compared to its average volume of 122,302. iShares Long-Term Corporate Bond ETF has a 1 year low of $57.32 and a 1 year high of $63.67.

Read More: Leveraged Buyout (LBO)

Institutional Ownership by Quarter for iShares Long-Term Corporate Bond ETF (NYSEARCA:IGLB)

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