iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0.2% – Here’s What Happened

Shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) fell 0.2% on Monday . The company traded as low as $24.31 and last traded at $24.31. 16,320 shares were traded during mid-day trading, a decline of 74% from the average session volume of 62,661 shares. The stock had previously closed at $24.35.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Down 0.2 %

The stock has a fifty day moving average price of $24.11 and a two-hundred day moving average price of $24.28.

Institutional Trading of iShares Interest Rate Hedged Long-Term Corporate Bond ETF

An institutional investor recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Goodman Advisory Group LLC lifted its holdings in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 93.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 126,841 shares of the company’s stock after acquiring an additional 61,253 shares during the quarter. Goodman Advisory Group LLC owned 2.76% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $3,080,000 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.