iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Share Price Cross Above Fifty Day Moving Average – Here’s Why

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $43.37 and traded as high as $43.42. iShares Core 5-10 Year USD Bond ETF shares last traded at $43.36, with a volume of 16,797 shares changing hands.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.1 %

The stock’s fifty day simple moving average is $43.37 and its two-hundred day simple moving average is $43.37.

Hedge Funds Weigh In On iShares Core 5-10 Year USD Bond ETF

Large investors have recently made changes to their positions in the business. EP Wealth Advisors LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF during the second quarter worth approximately $166,000. Private Client Services LLC acquired a new position in shares of iShares Core 5-10 Year USD Bond ETF in the 3rd quarter worth $208,000. Concurrent Investment Advisors LLC acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF during the third quarter worth $527,000. Cannon Financial Strategists Inc. purchased a new position in shares of iShares Core 5-10 Year USD Bond ETF in the second quarter worth approximately $1,180,000. Finally, TAP Consulting LLC raised its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 12.1% during the second quarter. TAP Consulting LLC now owns 114,088 shares of the company’s stock valued at $4,861,000 after acquiring an additional 12,336 shares during the period.

About iShares Core 5-10 Year USD Bond ETF

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.