iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Sees Strong Trading Volume – Time to Buy?

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) shares saw unusually-strong trading volume on Thursday . Approximately 72,864 shares were traded during trading, an increase of 42% from the previous session’s volume of 51,310 shares.The stock last traded at $92.45 and had previously closed at $92.34.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

The business has a 50-day moving average price of $93.00 and a 200-day moving average price of $92.92.

Institutional Investors Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Savvy Advisors Inc. purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at approximately $2,936,000. Leo Wealth LLC raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 132.8% during the 4th quarter. Leo Wealth LLC now owns 262,375 shares of the company’s stock valued at $24,500,000 after buying an additional 149,654 shares during the period. Harbour Wealth Management Group Inc. lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 8.8% in the first quarter. Harbour Wealth Management Group Inc. now owns 104,447 shares of the company’s stock valued at $9,645,000 after acquiring an additional 8,456 shares during the last quarter. UBS Group AG lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 6.3% in the fourth quarter. UBS Group AG now owns 137,825 shares of the company’s stock valued at $12,866,000 after acquiring an additional 8,178 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 19.4% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 40,263 shares of the company’s stock worth $3,759,000 after acquiring an additional 6,550 shares during the period.

About iShares Interest Rate Hedged Corporate Bond ETF

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.