iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Sees Large Volume Increase – Here’s Why

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) shares saw unusually-strong trading volume on Thursday . Approximately 231,165 shares were traded 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 Stock Performance

The firm has a 50 day simple moving average of $93.15 and a two-hundred day simple moving average of $93.03.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Spire Wealth Management lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the fourth quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after purchasing an additional 251 shares during the period. NBT Bank N A NY grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 340.9% in the 1st quarter. NBT Bank N A NY now owns 410 shares of the company’s stock valued at $38,000 after buying an additional 317 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at about $42,000. Signature Equity Partners LLC increased its stake 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 during the period. Finally, Western Wealth Management LLC acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter valued at about $95,000.

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.