iShares Core 5-10 Year USD Bond ETF $IMTB Shares Bought by Royal Bank of Canada

Royal Bank of Canada grew its holdings in shares of iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) by 37.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 43,639 shares of the company’s stock after purchasing an additional 12,002 shares during the quarter. Royal Bank of Canada’s holdings in iShares Core 5-10 Year USD Bond ETF were worth $1,912,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC bought a new position in iShares Core 5-10 Year USD Bond ETF in the 4th quarter worth approximately $53,000. Godfrey Financial Associates Inc. acquired a new stake in iShares Core 5-10 Year USD Bond ETF in the 4th quarter valued at approximately $58,000. Chapman Financial Group LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF during the 2nd quarter valued at $98,000. Comprehensive Money Management Services LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF during the 1st quarter valued at $210,000. Finally, Reliant Investment Partners LLC boosted its position in iShares Core 5-10 Year USD Bond ETF by 11.3% during the 4th quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock worth $441,000 after acquiring an additional 1,011 shares during the period.

iShares Core 5-10 Year USD Bond ETF Price Performance

NYSEARCA:IMTB opened at $42.97 on Wednesday. iShares Core 5-10 Year USD Bond ETF has a 1 year low of $41.92 and a 1 year high of $44.83. The business has a fifty day moving average of $43.28 and a 200-day moving average of $43.69.

iShares Core 5-10 Year USD Bond ETF Profile

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.