iShares 10+ Year Corporate Bond ETF Surpasses Key Moving Average

On Wednesday, trading activity for the iShares 10+ Year Investment Grade Corporate Bond ETF (Symbol: IGLB) revealed a significant movement as shares moved above their 200-day moving average, which is currently set at $51.11. The ETF traded at a high of $51.21 per share and is up about 0.3% for the day. Below is a chart that illustrates the one-year performance of IGLB shares in relation to its 200-day moving average:

The chart indicates that IGLB’s lowest point within its 52-week range was $48.165 per share, while the highest was $54.4199. The most recent trade reflected a price of $51.22, near the current moving average.

Click here to find out which 9 other ETFs recently crossed above their 200-day moving average »

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