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

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) shares saw unusually-strong trading volume on Friday . Approximately 56,098 shares changed hands during mid-day trading, an increase of 50% from the previous session’s volume of 37,454 shares.The stock last traded at $47.80 and had previously closed at $48.08.

iShares Core 10+ Year USD Bond ETF Stock Down 0.7 %

The stock’s fifty day simple moving average is $49.85 and its 200 day simple moving average is $51.07.

Institutional Trading of iShares Core 10+ Year USD Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ILTB. Commonwealth Equity Services LLC increased its holdings in shares of iShares Core 10+ Year USD Bond ETF by 5.5% during the 2nd 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. National Bank of Canada FI increased its stake in iShares Core 10+ Year USD Bond ETF by 4.5% during the second quarter. National Bank of Canada FI now owns 4,636 shares of the company’s stock worth $227,000 after acquiring an additional 200 shares during the last quarter. AE Wealth Management LLC raised its position in iShares Core 10+ Year USD Bond ETF by 16.8% in the second quarter. AE Wealth Management LLC now owns 933,441 shares of the company’s stock valued at $46,401,000 after purchasing an additional 134,066 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of iShares Core 10+ Year USD Bond ETF by 243.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 34,116 shares of the company’s stock valued at $1,696,000 after purchasing an additional 24,177 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings 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 purchasing an additional 2,810 shares during the period.

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).