iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Share Price Pass Below 200 Day Moving Average – Here’s What Happened

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.34 and traded as low as $43.25. iShares Core 5-10 Year USD Bond ETF shares last traded at $43.29, with a volume of 4,021 shares.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.3 %

The business has a fifty day simple moving average of $43.55 and a 200 day simple moving average of $43.34.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

Several hedge funds have recently made changes to their positions in IMTB. Kopp LeRoy C bought a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 1st quarter worth approximately $36,000. EP Wealth Advisors LLC bought a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 2nd quarter worth approximately $166,000. Private Client Services LLC bought a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 3rd quarter worth approximately $208,000. Concurrent Investment Advisors LLC bought a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 3rd quarter worth approximately $527,000. Finally, Cannon Financial Strategists Inc. bought a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 2nd quarter worth approximately $1,180,000.

About iShares Core 5-10 Year USD Bond ETF

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds.