iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Reaches New 12-Month Low – Here’s What Happened

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) hit a new 52-week low during trading on Monday. The stock traded as low as $44.30 and last traded at $44.3450, with a volume of 68486 shares. The stock had previously closed at $44.67.

iShares Core 10+ Year USD Bond ETF Stock Down 0.7%

The business has a 50 day moving average of $46.82 and a two-hundred day moving average of $48.13.

Institutional Investors Weigh In On iShares Core 10+ Year USD Bond ETF

Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of iShares Core 10+ Year USD Bond ETF by 0.4% during the first quarter. Bank of America Corp DE now owns 2,166,774 shares of the company’s stock worth $106,129,000 after purchasing an additional 8,171 shares during the period. Cedar Mountain Advisors LLC lifted its holdings in shares of iShares Core 10+ Year USD Bond ETF by 0.5% during the second quarter. Cedar Mountain Advisors LLC now owns 245,120 shares of the company’s stock worth $12,072,000 after buying an additional 1,173 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of iShares Core 10+ Year USD Bond ETF by 27.3% during the first quarter. Arkadios Wealth Advisors now owns 91,731 shares of the company’s stock worth $4,493,000 after buying an additional 19,685 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares Core 10+ Year USD Bond ETF by 11.7% in the second quarter. Envestnet Asset Management Inc. now owns 85,430 shares of the company’s stock valued at $4,208,000 after acquiring an additional 8,943 shares during the period. Finally, Wealthfront Advisers LLC grew its stake in shares of iShares Core 10+ Year USD Bond ETF by 3.5% in the first quarter. Wealthfront Advisers LLC now owns 47,846 shares of the company’s stock valued at $2,343,000 after acquiring an additional 1,597 shares in the last quarter.

iShares Core 10+ Year USD Bond ETF Company Profile

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.