iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sees Strong Trading Volume – Time to Buy?

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) shares saw an uptick in trading volume on Monday . 446,921 shares were traded during mid-day trading, an increase of 315% from the previous session’s volume of 107,591 shares.The stock last traded at $49.92 and had previously closed at $49.84.

iShares Core 10+ Year USD Bond ETF Price Performance

The stock’s 50-day moving average price is $51.69 and its 200 day moving average price is $51.13.

Hedge Funds Weigh In On iShares Core 10+ Year USD Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. acquired a new position in iShares Core 10+ Year USD Bond ETF in the 3rd quarter valued at about $147,000. National Bank of Canada FI lifted its holdings in iShares Core 10+ Year USD Bond ETF by 4.5% in the second quarter. National Bank of Canada FI now owns 4,636 shares of the company’s stock valued at $227,000 after acquiring an additional 200 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares Core 10+ Year USD Bond ETF by 5.5% in the second quarter. Commonwealth Equity Services LLC now owns 5,883 shares of the company’s stock worth $292,000 after acquiring an additional 309 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in iShares Core 10+ Year USD Bond ETF by 9.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,726 shares of the company’s stock worth $334,000 after acquiring an additional 579 shares during the last quarter. Finally, Mach 1 Financial Group LLC purchased a new stake in iShares Core 10+ Year USD Bond ETF in the third quarter valued at $439,000.

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).