Raymond James Financial Inc. Invests $6 Million in iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB)

Raymond James Financial Inc. purchased a new stake in shares of iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 123,234 shares of the company’s stock, valued at approximately $5,995,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core 10+ Year USD Bond ETF during the fourth quarter worth $55,000. Principal Securities Inc. lifted its stake in iShares Core 10+ Year USD Bond ETF by 323.6% during the 4th quarter. Principal Securities Inc. now owns 1,525 shares of the company’s stock worth $74,000 after acquiring an additional 1,165 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in iShares Core 10+ Year USD Bond ETF during the 3rd quarter valued at about $147,000. Global Retirement Partners LLC grew its position in iShares Core 10+ Year USD Bond ETF by 87.9% in the 4th quarter. Global Retirement Partners LLC now owns 6,307 shares of the company’s stock valued at $307,000 after acquiring an additional 2,950 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in iShares Core 10+ Year USD Bond ETF by 20.9% during the third quarter. MML Investors Services LLC now owns 11,325 shares of the company’s stock worth $603,000 after purchasing an additional 1,959 shares during the period.

iShares Core 10+ Year USD Bond ETF Price Performance

Shares of ILTB opened at $49.60 on Tuesday. The company’s 50-day simple moving average is $49.47 and its 200-day simple moving average is $50.39. iShares Core 10+ Year USD Bond ETF has a 1 year low of $47.41 and a 1 year high of $54.32.

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).