iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0.4% – Should You Sell?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s stock price traded down 0.4% on Friday . The stock traded as low as $24.35 and last traded at $24.35. 57,210 shares were traded during trading, an increase of 0% from the average session volume of 57,001 shares. The stock had previously closed at $24.44.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Trading Down 0.4 %

The business’s 50-day simple moving average is $24.39 and its 200-day simple moving average is $24.23.

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

A hedge fund recently bought a new stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. purchased a new stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,544 shares of the company’s stock, valued at approximately $207,000. JPMorgan Chase & Co. owned 0.19% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF as of its most recent SEC filing.

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.