iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sees Large Volume Increase – Here’s Why

Shares of iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) saw unusually-high trading volume on Friday . Approximately 177,951 shares traded hands during mid-day trading, an increase of 174% from the previous session’s volume of 65,045 shares.The stock last traded at $48.82 and had previously closed at $49.23.

iShares Core 10+ Year USD Bond ETF Trading Down 0.6 %

The company has a fifty day moving average price of $49.42 and a 200-day moving average price of $50.92.

Institutional Trading of iShares Core 10+ Year USD Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ILTB. Stifel Financial Corp lifted its holdings in iShares Core 10+ Year USD Bond ETF by 14.8% during the 3rd quarter. Stifel Financial Corp now owns 19,170 shares of the company’s stock valued at $1,021,000 after buying an additional 2,473 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Core 10+ Year USD Bond ETF by 57.0% during the third quarter. JPMorgan Chase & Co. now owns 154,619 shares of the company’s stock valued at $8,237,000 after acquiring an additional 56,145 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of iShares Core 10+ Year USD Bond ETF in the third quarter valued at approximately $147,000. Thrivent Financial for Lutherans grew its stake in iShares Core 10+ Year USD Bond ETF by 243.3% in the second quarter. Thrivent Financial for Lutherans now owns 34,116 shares of the company’s stock worth $1,696,000 after purchasing an additional 24,177 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in iShares Core 10+ Year USD Bond ETF by 4.9% during the 2nd quarter. Cetera Investment Advisers now owns 60,420 shares of the company’s stock worth $3,003,000 after purchasing an additional 2,810 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).