Short Interest in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Declines By 61.0%

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,557 shares, a decline of 61.0% from the March 15th total of 3,990 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 46,744 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of iShares Interest Rate Hedged Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Spire Wealth Management grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 784.4% during the 4th quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after purchasing an additional 251 shares during the last quarter. Harbor Asset Planning Inc. purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $42,000. Kestra Advisory Services LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $119,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter valued at $135,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 25.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock valued at $160,000 after acquiring an additional 348 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Up 0.2%

NYSEARCA:LQDH traded up $0.17 during trading hours on Monday, hitting $92.67. 44,979 shares of the company were exchanged, compared to its average volume of 65,220. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $89.84 and a 52-week high of $94.38. The company’s 50 day moving average price is $92.52 and its 200-day moving average price is $93.08.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is managed by BlackRock.