iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Update

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,894 shares, a drop of 35.5% from the June 30th total of 2,937 shares. Based on an average daily trading volume, of 55,392 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.2%

NYSEARCA:LQDH traded up $0.14 during mid-day trading on Friday, hitting $92.61. The stock had a trading volume of 53,019 shares, compared to its average volume of 51,847. The company has a 50 day simple moving average of $92.98 and a 200-day simple moving average of $92.92. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $91.15 and a 52 week high of $94.38.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. GC Wealth Management RIA LLC increased its stake 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 valued at $295,000 after purchasing an additional 118 shares in the last quarter. GeoWealth Management LLC boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.9% in the 4th quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock worth $295,000 after purchasing an additional 118 shares in the last quarter. Able Wealth Management LLC grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 1.0% in the 4th quarter. Able Wealth Management LLC now owns 15,784 shares of the company’s stock worth $1,473,000 after buying an additional 154 shares during the last quarter. Signature Equity Partners LLC increased 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 buying an additional 181 shares in the last quarter. Finally, Spire Wealth Management increased 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 buying an additional 251 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

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.