iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Short Interest Down 91.5% in June

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 3,505 shares, a decline of 91.5% from the May 31st total of 41,103 shares. Based on an average daily trading volume, of 38,360 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.2%

NYSEARCA:LQDH traded down $0.17 during trading hours on Friday, hitting $93.04. 17,637 shares of the company’s stock traded hands, compared to its average volume of 51,222. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $91.15 and a twelve month high of $94.38. The stock’s fifty day moving average price is $93.12 and its two-hundred day moving average price is $93.05.

Institutional Trading of iShares Interest Rate Hedged Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Leo Wealth LLC increased its stake in iShares Interest Rate Hedged Corporate Bond ETF by 132.8% in the 4th quarter. Leo Wealth LLC now owns 262,375 shares of the company’s stock valued at $24,500,000 after buying an additional 149,654 shares during the period. Harbour Wealth Management Group Inc. purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter valued at $8,961,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 724.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 54,886 shares of the company’s stock valued at $5,071,000 after acquiring an additional 48,227 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 393,935 shares of the company’s stock valued at $36,774,000 after acquiring an additional 45,039 shares in the last quarter. Finally, Twelve Points Wealth Management LLC increased its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 316.3% in the fourth quarter. Twelve Points Wealth Management LLC now owns 55,452 shares of the company’s stock worth $5,189,000 after acquiring an additional 42,133 shares during the last quarter.

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. LQDH was launched on May 27, 2014 and is managed by BlackRock.