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

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) saw unusually-strong trading volume on Tuesday . Approximately 145,725 shares changed hands during mid-day trading, an increase of 158% from the previous session’s volume of 56,509 shares.The stock last traded at $50.35 and had previously closed at $49.79.

iShares Core 10+ Year USD Bond ETF Price Performance

The company has a 50-day simple moving average of $48.86 and a two-hundred day simple moving average of $50.73.

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

Several hedge funds have recently bought and sold shares of ILTB. International Assets Investment Management LLC increased its position in shares of iShares Core 10+ Year USD Bond ETF by 5,101.4% in the third quarter. International Assets Investment Management LLC now owns 793,316 shares of the company’s stock worth $42,260,000 after purchasing an additional 778,064 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares Core 10+ Year USD Bond ETF by 27.8% in the fourth quarter. Bank of America Corp DE now owns 1,724,855 shares of the company’s stock worth $83,914,000 after buying an additional 375,671 shares in the last quarter. Thrivent Financial for Lutherans grew its position in iShares Core 10+ Year USD Bond ETF by 422.5% during the third quarter. Thrivent Financial for Lutherans now owns 178,245 shares of the company’s stock valued at $9,495,000 after acquiring an additional 144,129 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares Core 10+ Year USD Bond ETF during the fourth quarter valued at approximately $5,995,000. Finally, Focus Financial Network Inc. raised its stake in shares of iShares Core 10+ Year USD Bond ETF by 33.6% during the third quarter. Focus Financial Network Inc. now owns 313,288 shares of the company’s stock worth $16,689,000 after acquiring an additional 78,799 shares in the last quarter.

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).