iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading 0% Higher – Time to Buy?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s share price rose 0% during trading on Thursday . The stock traded as high as $24.15 and last traded at $24.13. Approximately 14,801 shares traded hands during trading, a decline of 77% from the average daily volume of 64,807 shares. The stock had previously closed at $24.12.

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

The company has a 50 day moving average price of $24.40 and a 200 day moving average price of $24.35.

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

An institutional investor recently bought a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Janney Montgomery Scott LLC acquired a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,890 shares of the company’s stock, valued at approximately $265,000. Janney Montgomery Scott LLC owned 0.24% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF as of its most recent SEC filing.

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.