Envestnet Portfolio Solutions Inc. Increases Position in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Envestnet Portfolio Solutions Inc. lifted its position in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 24.0% in the second quarter, Holdings Channel reports. The firm owned 10,112 shares of the company’s stock after buying an additional 1,959 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $934,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of LQDH. Alpine Bank Wealth Management purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the first quarter valued at approximately $23,195,000. Leo Wealth LLC boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 147.0% in the second quarter. Leo Wealth LLC now owns 240,710 shares of the company’s stock valued at $22,256,000 after purchasing an additional 143,244 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 136.8% in the first quarter. Envestnet Asset Management Inc. now owns 214,183 shares of the company’s stock worth $19,763,000 after buying an additional 123,741 shares in the last quarter. Assetmark Inc. raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 26.6% in the first quarter. Assetmark Inc. now owns 228,454 shares of the company’s stock worth $21,079,000 after buying an additional 47,981 shares in the last quarter. Finally, Heck Capital Advisors LLC bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the first quarter worth approximately $2,556,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

Shares of NYSEARCA:LQDH opened at $93.17 on Monday. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $88.08 and a 52 week high of $94.44. The firm has a 50 day moving average of $93.11 and a 200 day moving average of $92.20.

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.