iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Get Free Report) shares were down 0% during trading on Tuesday . The stock traded as low as $24.33 and last traded at $24.39. Approximately 21,135 shares were traded during trading, a decline of 52% from the average daily volume of 43,942 shares. The stock had previously closed at $24.40.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF Price Performance
The firm has a 50 day moving average price of $24.44 and a two-hundred day moving average price of $24.26.
Hedge Funds Weigh In On iShares Interest Rate Hedged Long-Term Corporate Bond ETF
A number of institutional investors and hedge funds have recently made changes to their positions in IGBH. Industrial Alliance Investment Management Inc. acquired a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the first quarter worth approximately $3,617,000. Laffer Tengler Investments raised its holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 194.8% during the first quarter. Laffer Tengler Investments now owns 14,725 shares of the company’s stock worth $355,000 after buying an additional 9,730 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF in the first quarter valued at $247,000.
About iShares Interest Rate Hedged Long-Term Corporate Bond ETF
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.
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