iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Trading Down 0.3% – Should You Sell?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) were down 0.3% on Tuesday . The company traded as low as $24.55 and last traded at $24.60. Approximately 87,447 shares changed hands during trading, an increase of 80% from the average daily volume of 48,685 shares. The stock had previously closed at $24.67.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Down 0.3%

The stock has a fifty day moving average price of $24.57 and a 200-day moving average price of $24.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC lifted its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 7.8% during the second quarter. Janney Montgomery Scott LLC now owns 13,970 shares of the company’s stock worth $337,000 after purchasing an additional 1,006 shares in the last quarter. Goodman Advisory Group LLC increased its holdings in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 223.2% in the third quarter. Goodman Advisory Group LLC now owns 8,645 shares of the company’s stock valued at $213,000 after purchasing an additional 5,970 shares in the last quarter. Ameriflex Group Inc. raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 21.1% in the 2nd quarter. Ameriflex Group Inc. now owns 6,525 shares of the company’s stock worth $156,000 after purchasing an additional 1,135 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 141.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,555 shares of the company’s stock worth $86,000 after buying an additional 2,082 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the 3rd quarter worth $33,000.

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. IGBH was launched on Jul 22, 2015 and is managed by BlackRock.