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

Shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDHGet Free Report) saw an uptick in trading volume on Thursday . Approximately 250,632 shares were traded during mid-day trading, an increase of 403% from the previous session’s volume of 49,848 shares.The stock last traded at $92.28 and had previously closed at $92.52.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

The stock has a 50-day moving average of $93.09 and a 200-day moving average of $92.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GC Wealth Management RIA LLC boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.9% during the fourth quarter. GC Wealth Management RIA LLC now owns 3,160 shares of the company’s stock worth $295,000 after purchasing an additional 118 shares during the period. GeoWealth Management LLC increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% during the 4th quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock valued at $295,000 after purchasing an additional 118 shares during the period. Able Wealth Management LLC increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 1.0% during the 4th quarter. Able Wealth Management LLC now owns 15,784 shares of the company’s stock valued at $1,473,000 after purchasing an additional 154 shares during the period. Signature Equity Partners LLC raised its position in iShares Interest Rate Hedged Corporate Bond ETF by 58.4% during the 1st quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after purchasing an additional 181 shares during the last quarter. Finally, Spire Wealth Management raised 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 valued at $26,000 after purchasing an additional 251 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares Interest Rate Hedged Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Interest Rate Hedged Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.