Janney Montgomery Scott LLC Makes New Investment in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)

Janney Montgomery Scott LLC purchased a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,890 shares of the company’s stock, valued at approximately $265,000. Janney Montgomery Scott LLC owned about 0.24% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF at the end of the most recent quarter.

Separately, JPMorgan Chase & Co. purchased a new position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the 3rd quarter worth approximately $207,000.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Trading Up 0.4 %

IGBH opened at $24.60 on Thursday. The firm has a fifty day moving average price of $24.43 and a 200 day moving average price of $24.27. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a 1 year low of $23.34 and a 1 year high of $24.72.

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.