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

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

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Price Performance

The firm’s fifty day moving average price is $24.22 and its 200 day moving average price is $24.27.

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 grew its holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 93.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,841 shares of the company’s stock after acquiring an additional 61,253 shares during the period. Goodman Advisory Group LLC owned about 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.