iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Shares Down 0.1% – Should You Sell?

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB)’s stock price dropped 0.1% on Tuesday . The stock traded as low as $43.95 and last traded at $44.07. Approximately 9,403 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 20,487 shares. The stock had previously closed at $44.10.

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

The company has a 50-day moving average price of $44.30 and a 200-day moving average price of $43.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First National Corp MA ADV acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 2nd quarter valued at about $11,330,000. Global Retirement Partners LLC acquired a new position in shares of iShares Core 5-10 Year USD Bond ETF during the second quarter worth about $5,678,000. Octavia Wealth Advisors LLC grew its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 19.9% during the second quarter. Octavia Wealth Advisors LLC now owns 581,061 shares of the company’s stock worth $25,352,000 after buying an additional 96,360 shares in the last quarter. Jane Street Group LLC raised its position in iShares Core 5-10 Year USD Bond ETF by 261.8% in the 2nd quarter. Jane Street Group LLC now owns 114,349 shares of the company’s stock valued at $4,989,000 after buying an additional 82,745 shares during the last quarter. Finally, UBS Group AG lifted its stake in iShares Core 5-10 Year USD Bond ETF by 91.9% in the 3rd quarter. UBS Group AG now owns 89,131 shares of the company’s stock valued at $3,940,000 after acquiring an additional 42,674 shares in the last quarter.

iShares Core 5-10 Year USD Bond ETF Company Profile

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. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.