JPMorgan Chase & Co. Purchases New Shares in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)

JPMorgan Chase & Co. acquired a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 8,544 shares of the company’s stock, valued at approximately $207,000. JPMorgan Chase & Co. owned 0.19% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF at the end of the most recent reporting period.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Stock Performance

Shares of IGBH stock opened at $24.52 on Friday. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a twelve month low of $23.34 and a twelve month high of $24.72. The stock’s fifty day simple moving average is $24.43 and its 200 day simple moving average is $24.25.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Profile

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.