iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Shares Up 0.1% – Here’s What Happened

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s stock price rose 0.1% during mid-day trading on Monday . The company traded as high as $24.60 and last traded at $24.57. Approximately 29,072 shares traded hands during trading, a decline of 52% from the average daily volume of 60,304 shares. The stock had previously closed at $24.55.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Down 0.4 %

The business’s 50 day moving average price is $24.24 and its 200 day moving average price is $24.27.

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

A hedge fund recently raised its stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Goodman Advisory Group LLC lifted its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 93.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,841 shares of the company’s stock after buying an additional 61,253 shares during the period. Goodman Advisory Group LLC owned approximately 2.76% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $3,080,000 as of its most recent SEC filing.

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.