iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Shares Down 0.2%

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)’s stock price traded down 0.2% during mid-day trading on Thursday . The company traded as low as $26.39 and last traded at $26.47. 2,316 shares traded hands during mid-day trading, The stock had previously closed at $26.53.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

The firm’s 50-day moving average price is $26.09 and its 200 day moving average price is $25.89.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of LQDI. Avantax Advisory Services Inc. lifted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 20.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 53,081 shares of the company’s stock worth $1,393,000 after purchasing an additional 9,159 shares during the last quarter. Strategic Financial Concepts LLC increased its position in iShares Inflation Hedged Corporate Bond ETF by 2,340.4% in the second quarter. Strategic Financial Concepts LLC now owns 233,721 shares of the company’s stock worth $60,000 after buying an additional 224,144 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 9.8% in the second quarter. Envestnet Asset Management Inc. now owns 73,096 shares of the company’s stock valued at $1,891,000 after buying an additional 6,550 shares during the last quarter.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk.