iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Hits New 52-Week Low – Here’s Why

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

iShares Core 10+ Year USD Bond ETF Trading Down 0.8 %

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

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

Several hedge funds and other institutional investors have recently made changes to their positions in ILTB. AE Wealth Management LLC raised its position in iShares Core 10+ Year USD Bond ETF by 16.8% during the 2nd quarter. AE Wealth Management LLC now owns 933,441 shares of the company’s stock worth $46,401,000 after buying an additional 134,066 shares during the last quarter. International Assets Investment Management LLC raised its position in iShares Core 10+ Year USD Bond ETF by 5,101.4% during the third quarter. International Assets Investment Management LLC now owns 793,316 shares of the company’s stock worth $42,260,000 after acquiring an additional 778,064 shares during the last quarter. Focus Financial Network Inc. increased its stake in shares of iShares Core 10+ Year USD Bond ETF by 33.6% during the 3rd quarter. Focus Financial Network Inc. now owns 313,288 shares of the company’s stock worth $16,689,000 after purchasing an additional 78,799 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of iShares Core 10+ Year USD Bond ETF during the 3rd quarter worth approximately $11,400,000. Finally, Thrivent Financial for Lutherans grew its holdings in iShares Core 10+ Year USD Bond ETF by 422.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 178,245 shares of the company’s stock valued at $9,495,000 after buying an additional 144,129 shares during 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).