iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB – Get Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 185 shares, a drop of 94.4% from the July 30th total of 3,279 shares. Based on an average daily trading volume, of 21,885 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
iShares Core 5-10 Year USD Bond ETF Stock Performance
Shares of NYSEARCA IMTB traded down $0.14 during mid-day trading on Wednesday, reaching $43.11. 8,244 shares of the company traded hands, compared to its average volume of 28,662. The company’s fifty day moving average is $43.23 and its two-hundred day moving average is $43.65. iShares Core 5-10 Year USD Bond ETF has a fifty-two week low of $41.92 and a fifty-two week high of $44.83.
Institutional Trading of iShares Core 5-10 Year USD Bond ETF
A number of institutional investors and hedge funds have recently modified their holdings of IMTB. Mariner LLC grew its stake in iShares Core 5-10 Year USD Bond ETF by 0.3% in the 3rd quarter. Mariner LLC now owns 1,172,918 shares of the company’s stock valued at $51,851,000 after buying an additional 3,411 shares during the last quarter. Destination Wealth Management boosted its holdings in iShares Core 5-10 Year USD Bond ETF by 6.0% during the fourth quarter. Destination Wealth Management now owns 499,978 shares of the company’s stock valued at $22,099,000 after acquiring an additional 28,158 shares during the period. Bank of America Corp DE boosted its holdings in iShares Core 5-10 Year USD Bond ETF by 10.1% during the third quarter. Bank of America Corp DE now owns 311,733 shares of the company’s stock valued at $13,781,000 after acquiring an additional 28,579 shares during the period. Global Retirement Partners LLC grew its position in shares of iShares Core 5-10 Year USD Bond ETF by 34.2% in the fourth quarter. Global Retirement Partners LLC now owns 192,951 shares of the company’s stock valued at $8,528,000 after purchasing an additional 49,165 shares during the last quarter. Finally, UBS Group AG grew its position in shares of iShares Core 5-10 Year USD Bond ETF by 79.6% in the fourth quarter. UBS Group AG now owns 160,061 shares of the company’s stock valued at $7,075,000 after purchasing an additional 70,930 shares during the last quarter.
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.
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