iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH – Get Free Report) saw strong trading volume on Thursday . 72,864 shares traded hands during mid-day trading, an increase of 42% from the previous session’s volume of 51,310 shares.The stock last traded at $92.45 and had previously closed at $92.34.
iShares Interest Rate Hedged Corporate Bond ETF Price Performance
The business has a fifty day simple moving average of $92.97 and a 200 day simple moving average of $92.91.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of LQDH. Royal Bank of Canada raised its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 6.2% in the 1st quarter. Royal Bank of Canada now owns 23,312 shares of the company’s stock valued at $2,151,000 after acquiring an additional 1,367 shares during the period. Jane Street Group LLC grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 46.0% during the 1st quarter. Jane Street Group LLC now owns 32,600 shares of the company’s stock worth $3,008,000 after acquiring an additional 10,273 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 724.2% in the second quarter. JPMorgan Chase & Co. now owns 54,886 shares of the company’s stock worth $5,071,000 after purchasing an additional 48,227 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter valued at approximately $332,000. Finally, Diversify Advisory Services LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the second quarter valued at $203,000.
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.
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