iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Hits New 52-Week High – Here’s Why

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDHGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $94.44 and last traded at $93.88, with a volume of 2372 shares changing hands. The stock had previously closed at $93.95.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.3 %

The company has a fifty day moving average price of $93.26 and a 200-day moving average price of $92.98.

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

A number of hedge funds have recently modified their holdings of LQDH. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter worth $32,000. First Horizon Advisors Inc. acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth $45,000. Centaurus Financial Inc. boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 31.7% in the third quarter. Centaurus Financial Inc. now owns 1,620 shares of the company’s stock worth $151,000 after buying an additional 390 shares during the period. Vista Cima Wealth Management LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter worth $221,000. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 658.8% in the third quarter. JPMorgan Chase & Co. now owns 2,428 shares of the company’s stock worth $226,000 after buying an additional 2,108 shares during the period.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

(Get Free Report)

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.

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