iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Sets New 12-Month Low – Should You Sell?

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) reached a new 52-week low on Friday . The stock traded as low as $90.00 and last traded at $90.43, with a volume of 3776 shares changing hands. The stock had previously closed at $91.01.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.6 %

The company has a fifty day moving average of $92.97 and a two-hundred day moving average of $93.07.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at about $32,000. Vista Cima Wealth Management LLC acquired a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at approximately $221,000. JPMorgan Chase & Co. lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 658.8% during the third quarter. JPMorgan Chase & Co. now owns 2,428 shares of the company’s stock valued at $226,000 after buying an additional 2,108 shares during the period. Smith Moore & CO. acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter worth approximately $237,000. Finally, Perigon Wealth Management LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth approximately $262,000.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

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.