iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0% – Here’s What Happened

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) fell 0% during trading on Tuesday . The company traded as low as $24.58 and last traded at $24.58. 177,542 shares changed hands during mid-day trading, an increase of 124% from the average session volume of 79,332 shares. The stock had previously closed at $24.59.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Trading Down 0.0%

The company’s fifty day simple moving average is $24.60 and its two-hundred day simple moving average is $24.52.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. boosted its stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 141.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,555 shares of the company’s stock after buying an additional 2,082 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.08% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $86,000 as of its most recent filing with the SEC.

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. IGBH was launched on Jul 22, 2015 and is managed by BlackRock.