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

Shares of iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) 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 changing hands.

iShares Core 5-10 Year USD Bond ETF Stock Performance

The firm has a 50-day moving average price of $43.55 and a 200-day moving average price of $43.34.

Hedge Funds Weigh In On iShares Core 5-10 Year USD Bond ETF

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

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.