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

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) saw unusually-strong trading volume on Wednesday . Approximately 167,455 shares were traded during mid-day trading, an increase of 106% from the previous session’s volume of 81,219 shares.The stock last traded at $49.89 and had previously closed at $49.84.

iShares Core 10+ Year USD Bond ETF Stock Performance

The business’s 50-day simple moving average is $49.38 and its two-hundred day simple moving average is $50.47.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans grew its stake in shares of iShares Core 10+ Year USD Bond ETF by 422.5% in the third quarter. Thrivent Financial for Lutherans now owns 178,245 shares of the company’s stock valued at $9,495,000 after buying an additional 144,129 shares in the last quarter. Prospera Financial Services Inc purchased a new position in iShares Core 10+ Year USD Bond ETF in the 3rd quarter worth approximately $482,000. Advisors Asset Management Inc. acquired a new stake in iShares Core 10+ Year USD Bond ETF in the third quarter valued at approximately $147,000. CreativeOne Wealth LLC raised its stake in shares of iShares Core 10+ Year USD Bond ETF by 1.3% during the third quarter. CreativeOne Wealth LLC now owns 57,747 shares of the company’s stock valued at $3,076,000 after purchasing an additional 748 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of iShares Core 10+ Year USD Bond ETF by 14.8% during the third quarter. Stifel Financial Corp now owns 19,170 shares of the company’s stock valued at $1,021,000 after purchasing an additional 2,473 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).