Destination Wealth Management Has $20.86 Million Stock Position in iShares Core 5-10 Year USD Bond ETF $IMTB

Destination Wealth Management boosted its holdings in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) by 3.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 471,820 shares of the company’s stock after purchasing an additional 14,584 shares during the quarter. Destination Wealth Management owned about 0.08% of iShares Core 5-10 Year USD Bond ETF worth $20,858,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of iShares Core 5-10 Year USD Bond ETF by 10.1% during the 3rd quarter. Bank of America Corp DE now owns 311,733 shares of the company’s stock worth $13,781,000 after buying an additional 28,579 shares during the period. Raymond James Financial Inc. lifted its position in shares of iShares Core 5-10 Year USD Bond ETF by 40.4% during the 3rd quarter. Raymond James Financial Inc. now owns 56,373 shares of the company’s stock valued at $2,492,000 after acquiring an additional 16,218 shares during the period. UBS Group AG boosted its stake in iShares Core 5-10 Year USD Bond ETF by 91.9% during the third quarter. UBS Group AG now owns 89,131 shares of the company’s stock worth $3,940,000 after acquiring an additional 42,674 shares in the last quarter. PFG Advisors grew its holdings in iShares Core 5-10 Year USD Bond ETF by 4.5% in the third quarter. PFG Advisors now owns 161,306 shares of the company’s stock worth $7,131,000 after purchasing an additional 6,964 shares during the period. Finally, Rice Partnership LLC grew its holdings in iShares Core 5-10 Year USD Bond ETF by 3.4% in the third quarter. Rice Partnership LLC now owns 9,246 shares of the company’s stock worth $409,000 after purchasing an additional 308 shares during the period.

iShares Core 5-10 Year USD Bond ETF Stock Down 0.1%

IMTB opened at $43.73 on Monday. The company has a fifty day moving average price of $44.32 and a two-hundred day moving average price of $44.27. iShares Core 5-10 Year USD Bond ETF has a 1-year low of $42.11 and a 1-year high of $44.83.

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