iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Hits New 1-Year Low – Time to Sell?

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $47.44 and last traded at $47.44, with a volume of 17729 shares traded. The stock had previously closed at $47.64.

iShares Core 10+ Year USD Bond ETF Stock Up 0.3 %

The company’s 50 day simple moving average is $49.71 and its two-hundred day simple moving average is $51.02.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its stake in shares of 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 buying an additional 309 shares during the last quarter. AE Wealth Management LLC boosted its holdings in iShares Core 10+ Year USD Bond ETF by 16.8% during the second quarter. AE Wealth Management LLC now owns 933,441 shares of the company’s stock worth $46,401,000 after buying an additional 134,066 shares in the last quarter. Thrivent Financial for Lutherans grew its position in iShares Core 10+ Year USD Bond ETF by 243.3% during the second quarter. Thrivent Financial for Lutherans now owns 34,116 shares of the company’s stock valued at $1,696,000 after buying an additional 24,177 shares during the period. Cetera Investment Advisers boosted its stake in shares of 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 acquiring an additional 2,810 shares in the last quarter. Finally, Summit Wealth Partners LLC increased its stake in shares of iShares Core 10+ Year USD Bond ETF by 66.0% in the 2nd quarter. Summit Wealth Partners LLC now owns 53,425 shares of the company’s stock valued at $2,656,000 after purchasing an additional 21,248 shares in the last quarter.

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).