iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of iShares 10+ Year Investment Grade Corporate Bond ETF (NYSEARCA:IGLB) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $51.56 and traded as low as $51.48. iShares 10+ Year Investment Grade Corporate Bond ETF shares last traded at $51.71, with a volume of 549,288 shares.

iShares 10+ Year Investment Grade Corporate Bond ETF Stock Performance

The stock’s 50-day moving average price is $51.87 and its 200-day moving average price is $51.56.

Hedge Funds Weigh In On iShares 10+ Year Investment Grade Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Arkadios Wealth Advisors acquired a new position in iShares 10+ Year Investment Grade Corporate Bond ETF in the second quarter valued at approximately $229,000. Vantage Financial Partners LLC bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF in the second quarter valued at approximately $463,000. Sunbelt Securities Inc. increased its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 235.5% in the third quarter. Sunbelt Securities Inc. now owns 11,660 shares of the company’s stock valued at $625,000 after purchasing an additional 8,185 shares in the last quarter. Comerica Bank increased its stake in iShares 10+ Year Investment Grade Corporate Bond ETF by 11.3% in the first quarter. Comerica Bank now owns 14,035 shares of the company’s stock valued at $723,000 after purchasing an additional 1,423 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares 10+ Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $1,476,000.

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.