Concurrent Investment Advisors LLC Has $650,000 Holdings in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB)

Concurrent Investment Advisors LLC raised its position in shares of iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) by 29.3% in the fourth quarter, Holdings Channel reports. The firm owned 15,316 shares of the company’s stock after buying an additional 3,475 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Core 5-10 Year USD Bond ETF were worth $650,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Octavia Wealth Advisors LLC bought a new position in iShares Core 5-10 Year USD Bond ETF during the fourth quarter valued at approximately $9,179,000. Global Retirement Partners LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth approximately $6,900,000. Destination Wealth Management grew its position in iShares Core 5-10 Year USD Bond ETF by 3.6% in the third quarter. Destination Wealth Management now owns 428,795 shares of the company’s stock worth $19,093,000 after acquiring an additional 14,771 shares in the last quarter. 5T Wealth LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth approximately $356,000. Finally, Principal Securities Inc. grew its position in iShares Core 5-10 Year USD Bond ETF by 167.7% in the fourth quarter. Principal Securities Inc. now owns 6,914 shares of the company’s stock worth $293,000 after acquiring an additional 4,331 shares in the last quarter.

iShares Core 5-10 Year USD Bond ETF Price Performance

IMTB stock opened at $42.98 on Monday. iShares Core 5-10 Year USD Bond ETF has a 12 month low of $41.44 and a 12 month high of $44.89. The firm has a 50 day moving average of $42.50 and a two-hundred day moving average of $43.29.

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.