iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Shares Down 0.1% – Here’s What Happened

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) were down 0.1% during mid-day trading on Friday . The stock traded as low as $44.53 and last traded at $44.57. Approximately 15,674 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 31,285 shares. The stock had previously closed at $44.60.

iShares Core 5-10 Year USD Bond ETF Stock Performance

The company has a 50-day simple moving average of $44.28 and a 200-day simple moving average of $44.19.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IMTB. Global Retirement Partners LLC boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 10.5% during the third quarter. Global Retirement Partners LLC now owns 143,786 shares of the company’s stock valued at $6,356,000 after purchasing an additional 13,653 shares during the period. 5T Wealth LLC increased its stake in iShares Core 5-10 Year USD Bond ETF by 106.5% in the 2nd quarter. 5T Wealth LLC now owns 14,743 shares of the company’s stock worth $643,000 after buying an additional 7,602 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in iShares Core 5-10 Year USD Bond ETF by 31.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 19,948 shares of the company’s stock valued at $870,000 after buying an additional 4,798 shares in the last quarter. Octavia Wealth Advisors LLC boosted its position in iShares Core 5-10 Year USD Bond ETF by 6.4% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 618,442 shares of the company’s stock valued at $27,339,000 after buying an additional 37,381 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in iShares Core 5-10 Year USD Bond ETF by 48.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 20,776 shares of the company’s stock valued at $918,000 after buying an additional 6,795 shares during the period.

iShares Core 5-10 Year USD Bond ETF Company Profile

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.