Envestnet Asset Management Inc. Grows Holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Envestnet Asset Management Inc. increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 127.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,183 shares of the company’s stock after purchasing an additional 15,819 shares during the period. Envestnet Asset Management Inc. owned 0.78% of iShares Interest Rate Hedged Corporate Bond ETF worth $2,619,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Anfield Capital Management LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter valued at approximately $62,000. Jacobi Capital Management LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 26.7% in the 1st quarter. Jacobi Capital Management LLC now owns 3,997 shares of the company’s stock valued at $376,000 after buying an additional 843 shares during the last quarter. Great Valley Advisor Group Inc. acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter valued at $380,000. Avantax Advisory Services Inc. raised its position in iShares Interest Rate Hedged Corporate Bond ETF by 41.3% during the 1st quarter. Avantax Advisory Services Inc. now owns 5,015 shares of the company’s stock worth $472,000 after buying an additional 1,467 shares during the last quarter. Finally, Trademark Financial Management LLC lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 22.6% in the 1st quarter. Trademark Financial Management LLC now owns 6,239 shares of the company’s stock worth $587,000 after acquiring an additional 1,150 shares during the period.

iShares Interest Rate Hedged Corporate Bond ETF Stock Up 0.4 %

Shares of NYSEARCA:LQDH opened at $92.95 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a fifty-two week low of $90.46 and a fifty-two week high of $94.37. The firm’s 50-day simple moving average is $92.33 and its 200-day simple moving average is $93.09.

iShares Interest Rate Hedged Corporate Bond ETF 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.