iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Sees Large Volume Increase – What’s Next?

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) shares saw an uptick in trading volume on Friday. Approximately 31,321 shares traded hands during trading, a decline of 35% from the previous session’s volume of 48,542 shares. The stock last traded at $92.5340 and had previously closed at $92.76.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

The company has a 50 day moving average of $92.55 and a 200-day moving average of $92.69.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Destination Wealth Management grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.1% during the 4th quarter. Destination Wealth Management now owns 892,414 shares of the company’s stock valued at $83,307,000 after buying an additional 34,888 shares during the last quarter. Bank of America Corp DE lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 3.7% in the first quarter. Bank of America Corp DE now owns 292,864 shares of the company’s stock worth $27,043,000 after acquiring an additional 10,336 shares during the last quarter. Harbour Wealth Management Group Inc. boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 8.8% in the first quarter. Harbour Wealth Management Group Inc. now owns 104,447 shares of the company’s stock valued at $9,645,000 after acquiring an additional 8,456 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 20.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 43,768 shares of the company’s stock valued at $4,086,000 after purchasing an additional 7,341 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 119.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,358 shares of the company’s stock valued at $2,274,000 after purchasing an additional 13,278 shares during the last quarter.

About iShares Interest Rate Hedged Corporate Bond ETF

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.