iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0% – Here’s Why

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) were down 0% during trading on Tuesday . The stock traded as low as $24.58 and last traded at $24.58. 177,542 shares traded hands during trading, an increase of 124% from the average daily volume of 79,332 shares. The stock had previously closed at $24.59.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Down 0.2%

The company’s 50 day moving average price is $24.60 and its two-hundred day moving average price is $24.52.

Institutional Inflows and Outflows

A hedge fund recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Goodman Advisory Group LLC raised its holdings in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 223.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,645 shares of the company’s stock after acquiring an additional 5,970 shares during the quarter. Goodman Advisory Group LLC owned approximately 0.16% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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. IGBH was launched on Jul 22, 2015 and is managed by BlackRock.