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

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDHGet Free Report) saw strong trading volume on Thursday . 231,165 shares changed hands during mid-day trading, an increase of 356% from the previous session’s volume of 50,653 shares.The stock last traded at $92.85 and had previously closed at $93.20.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.4%

The stock has a 50-day moving average price of $93.15 and a two-hundred day moving average price of $93.04.

Hedge Funds Weigh In On iShares Interest Rate Hedged Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Leo Wealth LLC raised its holdings 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 worth $24,500,000 after acquiring an additional 149,654 shares in the last quarter. Harbour Wealth Management Group Inc. purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at $8,961,000. JPMorgan Chase & Co. increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 724.2% in the second quarter. JPMorgan Chase & Co. now owns 54,886 shares of the company’s stock worth $5,071,000 after purchasing an additional 48,227 shares during the last quarter. LPL Financial LLC increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 12.9% in the fourth quarter. LPL Financial LLC now owns 393,935 shares of the company’s stock worth $36,774,000 after purchasing an additional 45,039 shares during the last quarter. Finally, Twelve Points Wealth Management LLC increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 316.3% in the fourth quarter. Twelve Points Wealth Management LLC now owns 55,452 shares of the company’s stock worth $5,189,000 after purchasing an additional 42,133 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.

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