The iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) experienced a significant outflow of approximately $334.1 million, marking an 11.7% decrease in shares outstanding week-over-week. Shares dropped from 61,700,000 to 54,500,000 as of the latest reporting.
Currently, IGLB is trading at $45.97, within a 52-week range of $45.96 to $52.60. This price is close to its low point for the year, and investors may find insights in its performance relative to the 200-day moving average.
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