iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sets New 12-Month Low – What’s Next?

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $47.75 and last traded at $47.85, with a volume of 3555 shares. The stock had previously closed at $47.97.

iShares Core 10+ Year USD Bond ETF Stock Performance

The business has a 50-day moving average price of $49.90 and a 200-day moving average price of $51.09.

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

Several hedge funds and other institutional investors have recently modified their holdings of ILTB. Advisors Asset Management Inc. purchased a new stake in iShares Core 10+ Year USD Bond ETF in the 3rd quarter worth approximately $147,000. National Bank of Canada FI raised its position in shares of iShares Core 10+ Year USD Bond ETF by 4.5% in the second quarter. National Bank of Canada FI now owns 4,636 shares of the company’s stock worth $227,000 after acquiring an additional 200 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares Core 10+ Year USD Bond ETF by 5.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,883 shares of the company’s stock worth $292,000 after acquiring an additional 309 shares in the last quarter. Mach 1 Financial Group LLC acquired a new stake in shares of iShares Core 10+ Year USD Bond ETF during the 3rd quarter valued at about $439,000. Finally, Prospera Financial Services Inc purchased a new position in shares of iShares Core 10+ Year USD Bond ETF in the 3rd quarter valued at about $482,000.

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).