Bank of New York Mellon Corp Has $857,000 Holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Bank of New York Mellon Corp decreased its holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 10.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,236 shares of the company’s stock after selling 1,127 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $857,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at $32,000. Centaurus Financial Inc. grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 31.7% in the 3rd quarter. Centaurus Financial Inc. now owns 1,620 shares of the company’s stock worth $151,000 after acquiring an additional 390 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 658.8% in the third quarter. JPMorgan Chase & Co. now owns 2,428 shares of the company’s stock valued at $226,000 after purchasing an additional 2,108 shares during the last quarter. Perigon Wealth Management LLC purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at about $262,000. Finally, McAdam LLC bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter valued at about $276,000.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.0 %

NYSEARCA:LQDH opened at $92.73 on Wednesday. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $90.46 and a 52 week high of $94.44. The firm has a 50-day moving average price of $93.20 and a two-hundred day moving average price of $93.09.

About iShares Interest Rate Hedged Corporate Bond ETF

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.