iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Shares Up 0% – Should You Buy?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s stock 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 changed 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 Trading Down 0.3 %

The firm has a 50-day moving average of $24.39 and a 200 day moving average of $24.35.

Institutional Investors 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. JPMorgan Chase & Co. bought a new stake in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 8,544 shares of the company’s stock, valued at approximately $207,000. JPMorgan Chase & Co. owned about 0.19% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF at the end of the most recent quarter.

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.