Smith Moore & CO. Makes New Investment in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Smith Moore & CO. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,551 shares of the company’s stock, valued at approximately $237,000. Smith Moore & CO. owned approximately 0.07% of iShares Interest Rate Hedged Corporate Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF during the third quarter worth about $2,443,000. Park Avenue Securities LLC boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 28.0% during the 4th quarter. Park Avenue Securities LLC now owns 3,498 shares of the company’s stock worth $324,000 after purchasing an additional 766 shares during the last quarter. Truist Financial Corp grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 13.0% in the fourth quarter. Truist Financial Corp now owns 12,325 shares of the company’s stock valued at $1,143,000 after purchasing an additional 1,417 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 19,893 shares of the company’s stock valued at $1,845,000 after purchasing an additional 710 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter valued at approximately $281,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA LQDH opened at $90.44 on Friday. The stock’s fifty day moving average is $92.97 and its two-hundred day moving average is $93.07. iShares Interest Rate Hedged Corporate Bond ETF has a fifty-two week low of $90.00 and a fifty-two week high of $94.44.

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.