iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH)
iShares Interest Rate Hedged Long-Term Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $24.36, up 0.16% on the session, giving a market capitalisation of $221.7M. Its beta of 0.16 implies it has historically moved less than the broad market.
This ETF endeavors to mirror the investment performance of a specialized index, which is specifically constructed to diminish the interest rate sensitivity typically associated with a portfolio. This underlying portfolio consists of long-duration corporate bonds, all of which are issued in U.S. dollars and carry investment-grade credit ratings.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF is most often compared with the following Financial Services names: