iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Stock Price Pass Above 50-Day Moving Average – Time to Sell?

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $24.36 and traded as high as $24.44. iShares Interest Rate Hedged Long-Term Corporate Bond ETF shares last traded at $24.42, with a volume of 10,192 shares trading hands.

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

The company has a 50 day simple moving average of $24.37 and a two-hundred day simple moving average of $24.25.

Institutional Trading of iShares Interest Rate Hedged Long-Term Corporate Bond ETF

A hedge fund recently raised its stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Goodman Advisory Group LLC boosted its holdings in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 93.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 126,841 shares of the company’s stock after purchasing an additional 61,253 shares during the period. Goodman Advisory Group LLC owned about 2.76% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $3,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Company 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.