iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Trading Up 0.1% – Here’s Why

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) were up 0.1% during mid-day trading on Tuesday . The stock traded as high as $50.84 and last traded at $50.79. Approximately 20,838 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 46,701 shares. The stock had previously closed at $50.75.

iShares Core 10+ Year USD Bond ETF Trading Up 0.1%

The business’s 50-day moving average price is $50.02 and its 200 day moving average price is $50.22.

Hedge Funds Weigh In On iShares Core 10+ Year USD Bond ETF

A number of institutional investors have recently added to or reduced their stakes in ILTB. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core 10+ Year USD Bond ETF by 2,249,694.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,724,569 shares of the company’s stock worth $234,811,000 after purchasing an additional 4,724,359 shares in the last quarter. Bank of America Corp DE lifted its position in iShares Core 10+ Year USD Bond ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 2,103,591 shares of the company’s stock valued at $103,959,000 after purchasing an additional 24,944 shares during the last quarter. AE Wealth Management LLC grew its stake in iShares Core 10+ Year USD Bond ETF by 12.7% in the 4th quarter. AE Wealth Management LLC now owns 1,221,142 shares of the company’s stock worth $60,690,000 after buying an additional 137,165 shares in the last quarter. Focus Financial Network Inc. grew its stake in iShares Core 10+ Year USD Bond ETF by 2.3% in the 4th quarter. Focus Financial Network Inc. now owns 242,795 shares of the company’s stock worth $12,067,000 after buying an additional 5,424 shares in the last quarter. Finally, Cedar Mountain Advisors LLC increased its holdings in shares of iShares Core 10+ Year USD Bond ETF by 6.0% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 242,214 shares of the company’s stock worth $12,229,000 after buying an additional 13,644 shares during the last quarter.

About iShares Core 10+ Year USD Bond ETF

iShares Core Long-Term U.S. Bond ETF (the Fund), formerly iShares 10+ Year Government/Credit Bond Fund, seeks investment results that correspond generally to the price and yield performance of the long-term, investment-grade United States corporate and government bond markets as defined by the BofA Merrill Lynch 10+ Year US Corporate & Government Index (the Index). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.