iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Shares Down 0.4% – Should You Sell?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s stock price were down 0.4% on Tuesday . The stock traded as low as $24.53 and last traded at $24.55. Approximately 63,058 shares were traded during trading, an increase of 31% from the average daily volume of 48,031 shares. The stock had previously closed at $24.64.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Performance

The stock’s fifty day simple moving average is $24.55 and its 200-day simple moving average is $24.31.

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

A number of institutional investors have recently added to or reduced their stakes in IGBH. Farther Finance Advisors LLC purchased a new stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF in the 3rd quarter valued at about $33,000. Goodman Advisory Group LLC purchased a new stake in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the second quarter valued at approximately $64,000. JPMorgan Chase & Co. increased its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 141.3% during the second quarter. JPMorgan Chase & Co. now owns 3,555 shares of the company’s stock valued at $86,000 after acquiring an additional 2,082 shares during the last quarter. Ameriflex Group Inc. lifted its holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 21.1% during the second quarter. Ameriflex Group Inc. now owns 6,525 shares of the company’s stock worth $156,000 after acquiring an additional 1,135 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 7.8% in the second quarter. Janney Montgomery Scott LLC now owns 13,970 shares of the company’s stock worth $337,000 after purchasing an additional 1,006 shares during the last quarter.

About iShares Interest Rate Hedged Long-Term Corporate Bond ETF

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.