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JPMorgan Chase & Co. reduced its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Free Report) by 5.9% during the 4th quarter, HoldingsChannel reports. The firm owned 8,036 shares of the company’s stock after selling 508 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF were worth $195,000 at the end of the most recent quarter.
Separately, Janney Montgomery Scott LLC bought a new position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the fourth quarter valued at approximately $265,000.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF Price Performance
Shares of IGBH stock opened at $23.47 on Monday. The company’s 50 day moving average is $23.81 and its 200 day moving average is $24.21. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a 52-week low of $22.50 and a 52-week high of $24.73.
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.
See Also
Want to see what other hedge funds are holding IGBH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Free Report).
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