iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) Stock Price Up 0.2% – Here’s Why

Shares of iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $26.13 and last traded at $26.12. Approximately 172 shares were traded during trading, a decline of 84% from the average session volume of 1,044 shares. The stock had previously closed at $26.08.

iShares Interest Rate Hedged U.S. Aggregate Bond ETF Price Performance

The stock has a 50-day moving average price of $26.18 and a 200 day moving average price of $26.16.

Hedge Funds Weigh In On iShares Interest Rate Hedged U.S. Aggregate Bond ETF

A hedge fund recently raised its stake in iShares Interest Rate Hedged U.S. Aggregate Bond ETF stock. Citadel Advisors LLC raised its holdings in iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) by 59.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,651 shares of the company’s stock after acquiring an additional 18,159 shares during the period. Citadel Advisors LLC owned approximately 24.33% of iShares Interest Rate Hedged U.S. Aggregate Bond ETF worth $1,271,000 at the end of the most recent quarter.

About iShares Interest Rate Hedged U.S. Aggregate Bond ETF

The iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares Core US Aggregate Bond ETF (AGG), which targets USD-denominated, investment grade bonds, while mitigating duration risk through swaps. AGRH was launched on Jun 22, 2022 and is managed by BlackRock.