TrinityPoint Wealth LLC Cuts Stock Holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

TrinityPoint Wealth LLC lowered its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 3.7% during the third quarter, Holdings Channel reports. The fund owned 9,729 shares of the company’s stock after selling 371 shares during the period. TrinityPoint Wealth LLC’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $905,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of LQDH. Assetmark Inc. increased its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 382.9% during the third quarter. Assetmark Inc. now owns 181,766 shares of the company’s stock worth $16,914,000 after acquiring an additional 144,126 shares during the period. Redhawk Wealth Advisors Inc. purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter valued at $12,800,000. Foundations Investment Advisors LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the second quarter valued at $3,934,000. Ameritas Advisory Services LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the second quarter valued at $3,147,000. Finally, GFG Capital LLC purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter valued at $2,406,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA:LQDH opened at $93.17 on Tuesday. The business’s fifty day moving average price is $92.97 and its 200 day moving average price is $92.97. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $90.46 and a 12 month high of $94.37.

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.