iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sees Strong Trading Volume – Here’s Why

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) shares saw unusually-strong trading volume on Wednesday . Approximately 167,455 shares changed hands during trading, an increase of 106% from the previous session’s volume of 81,219 shares.The stock last traded at $49.89 and had previously closed at $49.84.

iShares Core 10+ Year USD Bond ETF Price Performance

The firm’s 50-day simple moving average is $49.38 and its 200 day simple moving average is $50.47.

Institutional Trading of iShares Core 10+ Year USD Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Comerica Bank grew its position in iShares Core 10+ Year USD Bond ETF by 17.6% in the fourth quarter. Comerica Bank now owns 3,293 shares of the company’s stock worth $160,000 after buying an additional 493 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in shares of iShares Core 10+ Year USD Bond ETF by 1.3% during the 3rd quarter. CreativeOne Wealth LLC now owns 57,747 shares of the company’s stock worth $3,076,000 after acquiring an additional 748 shares in the last quarter. Visionary Horizons LLC boosted its stake in shares of iShares Core 10+ Year USD Bond ETF by 9.3% during the 4th quarter. Visionary Horizons LLC now owns 11,344 shares of the company’s stock worth $552,000 after acquiring an additional 966 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of iShares Core 10+ Year USD Bond ETF in the 4th quarter worth $55,000. Finally, Principal Securities Inc. raised its position in shares of iShares Core 10+ Year USD Bond ETF by 323.6% during the fourth quarter. Principal Securities Inc. now owns 1,525 shares of the company’s stock worth $74,000 after purchasing an additional 1,165 shares during the period.

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).