Destination Wealth Management Grows Position in iShares Core 5-10 Year USD Bond ETF $IMTB

Destination Wealth Management boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) by 6.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 499,978 shares of the company’s stock after buying an additional 28,158 shares during the quarter. Destination Wealth Management owned 0.08% of iShares Core 5-10 Year USD Bond ETF worth $22,099,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Rice Partnership LLC lifted its position in iShares Core 5-10 Year USD Bond ETF by 3.4% during the third quarter. Rice Partnership LLC now owns 9,246 shares of the company’s stock valued at $409,000 after purchasing an additional 308 shares in the last quarter. 5T Wealth LLC lifted its position in iShares Core 5-10 Year USD Bond ETF by 2.0% during the fourth quarter. 5T Wealth LLC now owns 24,874 shares of the company’s stock valued at $1,099,000 after purchasing an additional 486 shares in the last quarter. Reliant Investment Partners LLC lifted its position in iShares Core 5-10 Year USD Bond ETF by 11.3% during the fourth quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock valued at $441,000 after purchasing an additional 1,011 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in iShares Core 5-10 Year USD Bond ETF during the fourth quarter valued at $53,000. Finally, Godfrey Financial Associates Inc. purchased a new position in iShares Core 5-10 Year USD Bond ETF during the fourth quarter valued at $58,000.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.3%

NYSEARCA IMTB opened at $43.75 on Friday. The business’s fifty day moving average is $43.67 and its 200 day moving average is $44.02. iShares Core 5-10 Year USD Bond ETF has a fifty-two week low of $42.92 and a fifty-two week high of $44.83.

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