iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Sees Large Volume Increase – What’s Next?

Shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw unusually-high trading volume on Friday. Approximately 315,911 shares changed hands during mid-day trading, an increase of 565% from the average daily volume of 47,495 shares. The stock last traded at $92.0860 and had previously closed at $92.35.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

The firm has a 50 day simple moving average of $92.57 and a two-hundred day simple moving average of $92.79.

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

Several large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 292,864 shares of the company’s stock valued at $27,043,000 after acquiring an additional 10,336 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth about $887,000. Independent Financial Group LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the first quarter valued at $577,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 3rd quarter worth about $499,000. Finally, Sigma Planning Corp purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 3rd quarter valued at about $321,000.

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.