iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH – Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 17,637 shares, a decline of 49.6% from the September 30th total of 34,988 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 38,757 shares, the days-to-cover ratio is presently 0.5 days.
iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.3%
Shares of LQDH stock traded down $0.32 on Friday, hitting $92.03. The company’s stock had a trading volume of 327,348 shares, compared to its average volume of 49,001. iShares Interest Rate Hedged Corporate Bond ETF has a fifty-two week low of $91.15 and a fifty-two week high of $94.38. The firm’s fifty day moving average price is $92.56 and its 200-day moving average price is $92.78.
Institutional Trading of iShares Interest Rate Hedged Corporate Bond ETF
Several large investors have recently made changes to their positions in the stock. Signature Equity Partners LLC boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 58.4% in the first quarter. Signature Equity Partners LLC now owns 491 shares of the company’s stock valued at $45,000 after acquiring an additional 181 shares during the period. NBT Bank N A NY raised its holdings 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 acquiring an additional 317 shares in the last quarter. Private Advisor Group LLC raised its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 13.8% in the 1st quarter. Private Advisor Group LLC now owns 2,766 shares of the company’s stock valued at $255,000 after acquiring an additional 336 shares in the last quarter. Capital Square LLC raised its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 20.1% in the 3rd quarter. Capital Square LLC now owns 2,739 shares of the company’s stock valued at $254,000 after acquiring an additional 459 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the second quarter valued at $79,000.
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.
Further Reading
- Five stocks we like better than iShares Interest Rate Hedged Corporate Bond ETF
- Starbucks Says Its Turnaround Is DoneāThe Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for iShares Interest Rate Hedged Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Interest Rate Hedged Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
