Investment

Cambridge Investment Research Advisors Inc. Increases Stake in iShares Core 10+ Year USD Bond ETF (ILTB)

Published January 15, 2024

Cambridge Investment Research Advisors Inc., a notable investment advisory firm, has reported a 5.6% increase in its holdings of the iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB), a notable exchange-traded fund that focuses on long-term, investment-grade US corporate and government bonds. As stated in their latest filing with the Securities & Exchange Commission, the firm now possesses 31,100 shares of the ETF, which includes the acquisition of an additional 1,661 shares in the 3rd quarter.

Other Investors Show Interest in ILTB

Revealed through various fiscal reports, other institutional investors have similarly adjusted their positions in ILTB. For instance, Salem Investment Counselors Inc. initiated a new stake valued at approximately $42,000 during the second quarter. UBS Group AG significantly increased their investment by 307.7% in the fourth quarter, now owning 1,056 shares. National Bank of Canada FI and Commonwealth Equity Services LLC also upped their shares in the 3rd quarter, with holdings escalating to 3,991 and 4,462 shares respectively. Thrivent Financial for Lutherans entered the foray by purchasing a new share position in the 3rd quarter, valued at $245,000.

ILTB ETF Performance Update

ILTB's stock opened at $51.95 on the latest trading day, showcasing a minor 0.2% increase. The ETF's performance has been tracked through its average values, with a fifty-day simple moving average of $50.33 and a two-hundred day simple moving average of $49.48. It experienced a 12-month low at $44.44, and peaked at a 12-month high of $55.65.

About iShares Core 10+ Year USD Bond ETF

The iShares Core 10+ Year USD Bond ETF aims to yield investment results that generally align with the price and yield performance of the long-term segment of the US corporate and government bond markets, represented by the BofA Merrill Lynch 10+ Year US Corporate & Government Index.

investment, bonds, ETF