iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 344,978 shares, a growth of 12,569.0% from the August 31st total of 2,723 shares. Based on an average trading volume of 133,376 shares, the short-interest ratio is currently 2.6 days. Currently, 2.6% of the company’s stock are sold short.
Institutional Investors Weigh In On iShares Core 10+ Year USD Bond ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in iShares Core 10+ Year USD Bond ETF by 11.7% in the second quarter. Envestnet Asset Management Inc. now owns 85,430 shares of the company’s stock worth $4,208,000 after acquiring an additional 8,943 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of iShares Core 10+ Year USD Bond ETF during the 2nd quarter valued at $251,000. Cedar Mountain Advisors LLC grew its position in shares of iShares Core 10+ Year USD Bond ETF by 0.5% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 245,120 shares of the company’s stock valued at $12,072,000 after acquiring an additional 1,173 shares during the period. Bank of America Corp DE increased its stake in shares of iShares Core 10+ Year USD Bond ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 2,166,774 shares of the company’s stock worth $106,129,000 after purchasing an additional 8,171 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in shares of iShares Core 10+ Year USD Bond ETF by 27.3% in the 1st quarter. Arkadios Wealth Advisors now owns 91,731 shares of the company’s stock worth $4,493,000 after purchasing an additional 19,685 shares in the last quarter.
iShares Core 10+ Year USD Bond ETF Trading Down 1.1%
NYSEARCA:ILTB traded down $0.53 during mid-day trading on Thursday, hitting $45.64. 84,311 shares of the company’s stock were exchanged, compared to its average volume of 59,171. The business has a fifty day moving average price of $47.21 and a 200 day moving average price of $48.34. iShares Core 10+ Year USD Bond ETF has a one year low of $45.64 and a one year high of $51.77.
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). 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.
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