iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) Trading 0.2% Higher – Should You Buy?

iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) shares traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $26.33 and last traded at $26.33. 357 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 943 shares. The stock had previously closed at $26.27.

iShares Interest Rate Hedged U.S. Aggregate Bond ETF Stock Performance

The company’s 50-day moving average is $26.19 and its 200 day moving average is $26.07.

Institutional Investors Weigh In On iShares Interest Rate Hedged U.S. Aggregate Bond ETF

A hedge fund recently raised its stake in iShares Interest Rate Hedged U.S. Aggregate Bond ETF stock. Citadel Advisors LLC raised its holdings in shares of iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) by 59.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,651 shares of the company’s stock after purchasing an additional 18,159 shares during the period. Citadel Advisors LLC owned approximately 24.33% of iShares Interest Rate Hedged U.S. Aggregate Bond ETF worth $1,271,000 at the end of the most recent quarter.

About iShares Interest Rate Hedged U.S. Aggregate Bond ETF

The iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares Core US Aggregate Bond ETF (AGG), which targets USD-denominated, investment grade bonds, while mitigating duration risk through swaps. AGRH was launched on Jun 22, 2022 and is managed by BlackRock.