iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Get Free Report) shares dropped 0.1% during mid-day trading on Friday . The stock traded as low as $24.48 and last traded at $24.50. Approximately 70,242 shares were traded during mid-day trading, a decline of 21% from the average session volume of 88,554 shares. The stock had previously closed at $24.52.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Down 0.1%
The business’s fifty day moving average is $24.44 and its 200 day moving average is $24.42.
Institutional Inflows and Outflows
An institutional investor recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. increased its stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Free Report) by 141.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,555 shares of the company’s stock after acquiring an additional 2,082 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.08% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $86,000 at the end of the most recent quarter.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF Company Profile
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. IGBH was launched on Jul 22, 2015 and is managed by BlackRock.
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