iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Stock Price Down 0%

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s stock price were down 0% during trading on Tuesday . The company traded as low as $24.33 and last traded at $24.39. Approximately 21,135 shares traded hands 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 Trading Down 0.0 %

The firm’s 50-day moving average price is $24.44 and its two-hundred day moving average price is $24.26.

Hedge Funds Weigh In On iShares Interest Rate Hedged Long-Term Corporate Bond ETF

Hedge funds have recently modified their holdings of the stock. Industrial Alliance Investment Management Inc. bought a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF in the first quarter valued at approximately $3,617,000. Cambridge Investment Research Advisors Inc. acquired a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF in the first quarter worth $247,000. Finally, Laffer Tengler Investments grew its holdings in shares of 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 purchasing an additional 9,730 shares during the last quarter.

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.