iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Trading Up 0.1% – Here’s Why

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB)’s share price were up 0.1% during trading on Tuesday . The company traded as high as $50.84 and last traded at $50.79. Approximately 20,838 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 46,701 shares. The stock had previously closed at $50.75.

iShares Core 10+ Year USD Bond ETF Price Performance

The company has a 50-day simple moving average of $50.02 and a two-hundred day simple moving average of $50.22.

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

Several institutional investors have recently added to or reduced their stakes in ILTB. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core 10+ Year USD Bond ETF by 2,249,694.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,724,569 shares of the company’s stock valued at $234,811,000 after acquiring an additional 4,724,359 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares Core 10+ Year USD Bond ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 2,103,591 shares of the company’s stock worth $103,959,000 after purchasing an additional 24,944 shares during the period. AE Wealth Management LLC grew its stake in shares of iShares Core 10+ Year USD Bond ETF by 12.7% in the fourth quarter. AE Wealth Management LLC now owns 1,221,142 shares of the company’s stock worth $60,690,000 after purchasing an additional 137,165 shares during the last quarter. Focus Financial Network Inc. grew its stake in shares of iShares Core 10+ Year USD Bond ETF by 2.3% in the fourth quarter. Focus Financial Network Inc. now owns 242,795 shares of the company’s stock worth $12,067,000 after purchasing an additional 5,424 shares during the last quarter. Finally, Cedar Mountain Advisors LLC increased its holdings in iShares Core 10+ Year USD Bond ETF by 6.0% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 242,214 shares of the company’s stock valued at $12,229,000 after purchasing an additional 13,644 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). 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.