JPMorgan Chase & Co. Sells 11,675 Shares of iShares Core 5-10 Year USD Bond ETF $IMTB

JPMorgan Chase & Co. trimmed its holdings in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) by 13.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,512 shares of the company’s stock after selling 11,675 shares during the period. JPMorgan Chase & Co. owned 1.21% of iShares Core 5-10 Year USD Bond ETF worth $3,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada raised its stake in iShares Core 5-10 Year USD Bond ETF by 119.7% in the 1st quarter. Royal Bank of Canada now owns 50,156 shares of the company’s stock valued at $2,177,000 after acquiring an additional 27,330 shares during the period. Jane Street Group LLC boosted its position in iShares Core 5-10 Year USD Bond ETF by 59.4% during the first quarter. Jane Street Group LLC now owns 31,604 shares of the company’s stock worth $1,372,000 after purchasing an additional 11,774 shares during the period. Raymond James Financial Inc. increased its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 80.1% in the second quarter. Raymond James Financial Inc. now owns 40,155 shares of the company’s stock valued at $1,752,000 after purchasing an additional 17,864 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 3.9% in the second quarter. Bank of America Corp DE now owns 283,154 shares of the company’s stock valued at $12,354,000 after purchasing an additional 10,696 shares during the last quarter. Finally, Chapman Financial Group LLC bought a new position in shares of iShares Core 5-10 Year USD Bond ETF in the second quarter valued at about $98,000.

iShares Core 5-10 Year USD Bond ETF Price Performance

Shares of IMTB stock opened at $43.75 on Friday. The company has a 50-day simple moving average of $44.16 and a 200 day simple moving average of $44.23. iShares Core 5-10 Year USD Bond ETF has a 52 week low of $42.11 and a 52 week high of $44.83.

iShares Core 5-10 Year USD Bond ETF 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.