iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sets New 12-Month Low – Here’s What Happened

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) shares reached a new 52-week low on Wednesday . The company traded as low as $46.14 and last traded at $46.1110, with a volume of 29865 shares traded. The stock had previously closed at $46.87.

iShares Core 10+ Year USD Bond ETF Stock Performance

The firm’s 50 day moving average is $47.25 and its 200-day moving average is $48.37.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core 10+ Year USD Bond ETF by 2,249,694.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,724,569 shares of the company’s stock valued at $234,811,000 after buying an additional 4,724,359 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Core 10+ Year USD Bond ETF by 0.4% in the first quarter. Bank of America Corp DE now owns 2,166,774 shares of the company’s stock valued at $106,129,000 after purchasing an additional 8,171 shares during the period. Cedar Mountain Advisors LLC increased its position in iShares Core 10+ Year USD Bond ETF by 0.5% during the second quarter. Cedar Mountain Advisors LLC now owns 245,120 shares of the company’s stock worth $12,072,000 after purchasing an additional 1,173 shares during the last quarter. Arkadios Wealth Advisors increased its position in iShares Core 10+ Year USD Bond ETF by 27.3% during the first 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 during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in iShares Core 10+ Year USD Bond ETF by 3.5% during the first quarter. Wealthfront Advisers LLC now owns 47,846 shares of the company’s stock worth $2,343,000 after purchasing an additional 1,597 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). 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.