iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 3,505 shares, a decline of 91.5% from the May 31st total of 41,103 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 38,360 shares, the days-to-cover ratio is presently 0.1 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of LQDH. GC Wealth Management RIA LLC increased its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.9% in the 4th quarter. GC Wealth Management RIA LLC now owns 3,160 shares of the company’s stock valued at $295,000 after purchasing an additional 118 shares during the last quarter. GeoWealth Management LLC raised its position in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% during the 4th quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock worth $295,000 after buying an additional 118 shares during the last quarter. Able Wealth Management LLC boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 1.0% in the 4th quarter. Able Wealth Management LLC now owns 15,784 shares of the company’s stock valued at $1,473,000 after purchasing an additional 154 shares in the last quarter. Signature Equity Partners LLC boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 58.4% in the first quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 181 shares in the last quarter. Finally, Spire Wealth Management boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 784.4% during the fourth quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after buying an additional 251 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.1%

NYSEARCA LQDH traded down $0.13 during mid-day trading on Friday, hitting $93.08. The stock had a trading volume of 25,230 shares, compared to its average volume of 51,307. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $91.15 and a twelve month high of $94.38. The firm’s 50 day moving average is $93.13 and its 200 day moving average is $93.05.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

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.