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

Shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) fell 0.2% on Thursday . The stock traded as low as $24.19 and last traded at $24.21. 31,233 shares were traded during mid-day trading, a decline of 65% from the average session volume of 89,194 shares. The stock had previously closed at $24.27.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Up 0.1 %

The firm has a fifty day moving average of $24.46 and a two-hundred day moving average of $24.33.

Institutional Investors Weigh In On iShares Interest Rate Hedged Long-Term Corporate Bond ETF

A hedge fund recently bought a new stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. acquired a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,544 shares of the company’s stock, valued at approximately $207,000. JPMorgan Chase & Co. owned approximately 0.19% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF as of its most recent SEC filing.

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.