iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH – Get Free Report) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 41,103 shares, an increase of 770.6% from the May 14th total of 4,721 shares. Based on an average daily trading volume, of 35,576 shares, the short-interest ratio is currently 1.2 days. Currently, 0.8% of the shares of the company are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. GC Wealth Management RIA LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% in the 4th quarter. GC Wealth Management RIA LLC now owns 3,160 shares of the company’s stock valued at $295,000 after buying an additional 118 shares during the last quarter. GeoWealth Management LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% in the 4th quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock valued at $295,000 after buying an additional 118 shares during the last quarter. Able Wealth Management LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 1.0% in the 4th quarter. Able Wealth Management LLC now owns 15,784 shares of the company’s stock valued at $1,473,000 after buying an additional 154 shares during the last quarter. Signature Equity Partners LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 58.4% in the 1st quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 181 shares during the last quarter. Finally, Spire Wealth Management grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the 4th quarter. Spire Wealth Management now owns 283 shares of the company’s stock valued at $26,000 after buying an additional 251 shares during the last quarter.
iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.1%
Shares of LQDH opened at $93.23 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $91.15 and a 52 week high of $94.38. The firm’s 50-day simple moving average is $92.96 and its 200 day simple moving average is $93.04.
iShares Interest Rate Hedged Corporate Bond ETF Company Profile
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.
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