iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Stock Price Cross Above 50-Day Moving Average – Should You Sell?

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $43.37 and traded as high as $43.42. iShares Core 5-10 Year USD Bond ETF shares last traded at $43.36, with a volume of 16,797 shares changing hands.

iShares Core 5-10 Year USD Bond ETF Price Performance

The stock has a 50-day moving average price of $43.35 and a two-hundred day moving average price of $43.38.

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

Large investors have recently added to or reduced their stakes in the company. Destination Wealth Management raised its position in shares of iShares Core 5-10 Year USD Bond ETF by 3.6% during the 3rd quarter. Destination Wealth Management now owns 428,795 shares of the company’s stock valued at $19,093,000 after purchasing an additional 14,771 shares during the period. Concurrent Investment Advisors LLC purchased a new stake in iShares Core 5-10 Year USD Bond ETF in the 3rd quarter worth $527,000. Cannon Financial Strategists Inc. raised its holdings in iShares Core 5-10 Year USD Bond ETF by 47.6% during the third quarter. Cannon Financial Strategists Inc. now owns 40,876 shares of the company’s stock valued at $1,778,000 after acquiring an additional 13,175 shares during the period. PFG Advisors lifted its position in shares of iShares Core 5-10 Year USD Bond ETF by 6.9% in the third quarter. PFG Advisors now owns 144,964 shares of the company’s stock valued at $6,455,000 after acquiring an additional 9,334 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 0.5% in the third quarter. FinTrust Capital Advisors LLC now owns 505,050 shares of the company’s stock worth $22,488,000 after acquiring an additional 2,395 shares during the period.

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.