iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading 0.3% Higher

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s share price traded up 0.3% during mid-day trading on Friday . The company traded as high as $23.96 and last traded at $23.95. 6,949 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 69,522 shares. The stock had previously closed at $23.88.

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

The company’s fifty day moving average is $24.02 and its two-hundred day moving average is $24.31.

Institutional Inflows and Outflows

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

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.