iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Hits New 12-Month Low – What’s Next?

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

iShares Core 10+ Year USD Bond ETF Stock Performance

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in iShares Core 10+ Year USD Bond ETF during the 4th quarter worth approximately $55,000. Advisors Asset Management Inc. acquired a new position in shares of iShares Core 10+ Year USD Bond ETF in the third quarter worth $147,000. Commonwealth Equity Services LLC increased its position in shares of iShares Core 10+ Year USD Bond ETF by 5.5% during the second quarter. Commonwealth Equity Services LLC now owns 5,883 shares of the company’s stock worth $292,000 after acquiring an additional 309 shares during the period. Mach 1 Financial Group LLC acquired a new stake in shares of iShares Core 10+ Year USD Bond ETF in the third quarter valued at $439,000. Finally, Prospera Financial Services Inc purchased a new position in iShares Core 10+ Year USD Bond ETF in the third quarter valued at $482,000.

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).