iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 9,703 shares, a growth of 523.2% from the March 31st total of 1,557 shares. Based on an average trading volume of 44,346 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbour Wealth Management Group Inc. grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 8.8% in the 1st quarter. Harbour Wealth Management Group Inc. now owns 104,447 shares of the company’s stock worth $9,645,000 after buying an additional 8,456 shares during the period. Rockefeller Capital Management L.P. lifted its position in iShares Interest Rate Hedged Corporate Bond ETF by 20.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 43,768 shares of the company’s stock valued at $4,086,000 after acquiring an additional 7,341 shares during the period. Beacon Pointe Advisors LLC lifted its position in iShares Interest Rate Hedged Corporate Bond ETF by 9.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 16,071 shares of the company’s stock valued at $1,500,000 after acquiring an additional 1,359 shares during the period. Cetera Investment Advisers boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 16.2% during the fourth quarter. Cetera Investment Advisers now owns 31,001 shares of the company’s stock worth $2,894,000 after acquiring an additional 4,323 shares in the last quarter. Finally, GeoWealth Management LLC boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% during the fourth quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock worth $295,000 after acquiring an additional 118 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.0%

Shares of NYSEARCA LQDH traded down $0.04 during mid-day trading on Friday, hitting $92.75. 30,267 shares of the stock traded hands, compared to its average volume of 62,501. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $90.39 and a 52 week high of $94.38. The stock has a fifty day moving average price of $92.44 and a 200-day moving average price of $93.04.

About iShares Interest Rate Hedged Corporate Bond ETF

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.