KFG Wealth Management LLC Has $5.10 Million Stock Holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

KFG Wealth Management LLC decreased its position in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 1.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,180 shares of the company’s stock after selling 964 shares during the quarter. iShares Interest Rate Hedged Corporate Bond ETF accounts for 2.1% of KFG Wealth Management LLC’s portfolio, making the stock its 7th biggest holding. KFG Wealth Management LLC owned approximately 1.59% of iShares Interest Rate Hedged Corporate Bond ETF worth $5,095,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of LQDH. Signature Resources Capital Management LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter valued at approximately $47,000. Scotia Capital Inc. boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 1.9% during the fourth quarter. Scotia Capital Inc. now owns 55,554 shares of the company’s stock valued at $5,171,000 after purchasing an additional 1,011 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 54.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 4,274 shares of the company’s stock worth $398,000 after purchasing an additional 1,501 shares during the last quarter. Capital Investment Advisory Services LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 6.3% in the fourth quarter. Capital Investment Advisory Services LLC now owns 27,897 shares of the company’s stock worth $2,597,000 after purchasing an additional 1,651 shares during the last quarter. Finally, Outlook Wealth Advisors LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth about $415,000.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of iShares Interest Rate Hedged Corporate Bond ETF stock traded up $0.13 on Wednesday, hitting $93.04. 21,703 shares of the company traded hands, compared to its average volume of 23,770. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $91.23 and a 52 week high of $94.37. The stock’s 50 day moving average price is $93.60 and its 200-day moving average price is $93.55.

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.