iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0%

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) shares were down 0% during trading on Tuesday . The stock traded as low as $24.33 and last traded at $24.39. Approximately 21,135 shares were traded during trading, a decline of 52% from the average daily volume of 43,942 shares. The stock had previously closed at $24.40.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Price Performance

The firm has a 50 day moving average price of $24.44 and a two-hundred day moving average price of $24.26.

Hedge Funds Weigh In On iShares Interest Rate Hedged Long-Term Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IGBH. Industrial Alliance Investment Management Inc. acquired a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the first quarter worth approximately $3,617,000. Laffer Tengler Investments raised its holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 194.8% during the first quarter. Laffer Tengler Investments now owns 14,725 shares of the company’s stock worth $355,000 after buying an additional 9,730 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF in the first quarter valued at $247,000.

About iShares Interest Rate Hedged Long-Term Corporate Bond ETF

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and uses derivatives to hedge out interest rate risk.