iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0.2% – Time to Sell?

Shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) traded down 0.2% during mid-day trading on Monday . The company traded as low as $24.31 and last traded at $24.31. 16,320 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 62,661 shares. The stock had previously closed at $24.35.

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

The firm has a fifty day moving average of $24.13 and a 200 day moving average of $24.28.

Institutional Trading of iShares Interest Rate Hedged Long-Term Corporate Bond ETF

An institutional investor recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Goodman Advisory Group LLC increased its holdings in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 93.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,841 shares of the company’s stock after purchasing an additional 61,253 shares during the quarter. Goodman Advisory Group LLC owned 2.76% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $3,080,000 at the end of the most recent reporting period.

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.