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

Shares of iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) saw strong trading volume on Tuesday . 145,725 shares changed hands during mid-day trading, an increase of 158% from the previous session’s volume of 56,509 shares.The stock last traded at $50.35 and had previously closed at $49.79.

iShares Core 10+ Year USD Bond ETF Stock Up 1.2 %

The company has a fifty day simple moving average of $48.86 and a 200 day simple moving average of $50.73.

Institutional Trading of iShares Core 10+ Year USD Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ILTB. Bank of America Corp DE lifted its stake in shares of iShares Core 10+ Year USD Bond ETF by 27.8% in the fourth quarter. Bank of America Corp DE now owns 1,724,855 shares of the company’s stock worth $83,914,000 after buying an additional 375,671 shares in the last quarter. International Assets Investment Management LLC raised its holdings in iShares Core 10+ Year USD Bond ETF by 5,101.4% in the 3rd quarter. International Assets Investment Management LLC now owns 793,316 shares of the company’s stock worth $42,260,000 after acquiring an additional 778,064 shares during the last quarter. Focus Financial Network Inc. lifted its position in iShares Core 10+ Year USD Bond ETF by 3.4% in the 4th quarter. Focus Financial Network Inc. now owns 324,043 shares of the company’s stock valued at $15,765,000 after acquiring an additional 10,755 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in iShares Core 10+ Year USD Bond ETF by 422.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 178,245 shares of the company’s stock valued at $9,495,000 after purchasing an additional 144,129 shares during the last quarter. Finally, Peak Financial Management Inc. grew its position in iShares Core 10+ Year USD Bond ETF by 1.3% in the 4th quarter. Peak Financial Management Inc. now owns 171,360 shares of the company’s stock worth $8,337,000 after purchasing an additional 2,247 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).