iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Hits New 12-Month Low – Time to Sell?

Shares of iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $46.14 and last traded at $46.1110, with a volume of 29865 shares changing hands. The stock had previously closed at $46.87.

iShares Core 10+ Year USD Bond ETF Stock Down 1.1%

The stock has a 50 day moving average price of $47.16 and a 200 day moving average price of $48.31.

Institutional Investors Weigh In On iShares Core 10+ Year USD Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ILTB. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core 10+ Year USD Bond ETF by 2,249,694.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,724,569 shares of the company’s stock valued at $234,811,000 after purchasing an additional 4,724,359 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core 10+ Year USD Bond ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 2,166,774 shares of the company’s stock worth $106,129,000 after purchasing an additional 8,171 shares in the last quarter. Cedar Mountain Advisors LLC lifted its stake in iShares Core 10+ Year USD Bond ETF by 0.5% during the second quarter. Cedar Mountain Advisors LLC now owns 245,120 shares of the company’s stock valued at $12,072,000 after purchasing an additional 1,173 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in iShares Core 10+ Year USD Bond ETF by 27.3% during the first quarter. Arkadios Wealth Advisors now owns 91,731 shares of the company’s stock valued at $4,493,000 after purchasing an additional 19,685 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares Core 10+ Year USD Bond ETF by 11.7% during the second quarter. Envestnet Asset Management Inc. now owns 85,430 shares of the company’s stock worth $4,208,000 after buying an additional 8,943 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). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.