iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Sees Strong Trading Volume – Here’s Why

iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) saw unusually-high trading volume on Thursday . 250,632 shares traded hands during mid-day trading, an increase of 403% from the previous session’s volume of 49,848 shares.The stock last traded at $92.28 and had previously closed at $92.52.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.2%

The firm has a 50-day simple moving average of $93.09 and a 200-day simple moving average of $92.96.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LQDH. Royal Bank of Canada increased its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 6.2% during the first quarter. Royal Bank of Canada now owns 23,312 shares of the company’s stock valued at $2,151,000 after buying an additional 1,367 shares during the period. Jane Street Group LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 46.0% during the first quarter. Jane Street Group LLC now owns 32,600 shares of the company’s stock valued at $3,008,000 after acquiring an additional 10,273 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 724.2% during the second 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. First Trust Advisors LP purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF during the second quarter valued at approximately $332,000. Finally, Diversify Advisory Services LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth approximately $203,000.

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