iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Shares Sold by Red Wave Investments LLC

Red Wave Investments LLC decreased its position in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 6.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,265 shares of the company’s stock after selling 1,618 shares during the quarter. iShares Interest Rate Hedged Corporate Bond ETF accounts for about 0.8% of Red Wave Investments LLC’s investment portfolio, making the stock its 28th largest holding. Red Wave Investments LLC’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $2,250,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Destination Wealth Management boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.8% in the third quarter. Destination Wealth Management now owns 779,632 shares of the company’s stock valued at $72,547,000 after purchasing an additional 28,388 shares during the period. Leo Wealth LLC lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% in the 4th quarter. Leo Wealth LLC now owns 225,694 shares of the company’s stock worth $20,928,000 after buying an additional 8,454 shares in the last quarter. Assetmark Inc. lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 382.9% in the 3rd quarter. Assetmark Inc. now owns 181,766 shares of the company’s stock worth $16,914,000 after buying an additional 144,126 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in iShares Interest Rate Hedged Corporate Bond ETF by 25.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 61,041 shares of the company’s stock valued at $5,661,000 after buying an additional 12,554 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 6.9% during the third quarter. Bank of Montreal Can now owns 51,777 shares of the company’s stock valued at $4,815,000 after acquiring an additional 3,332 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.3 %

NYSEARCA:LQDH opened at $93.71 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a one year low of $90.46 and a one year high of $94.44. The business’s 50-day simple moving average is $93.25 and its 200 day simple moving average is $92.96.

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.