Independent Financial Group LLC Acquires Shares of 6,244 iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Independent Financial Group LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,244 shares of the company’s stock, valued at approximately $577,000.

Other institutional investors have also made changes to their positions in the company. Lifeworks Advisors LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the first quarter valued at $217,000. Diversify Wealth Management LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 1st quarter worth $216,000. Bogart Wealth LLC acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 1st quarter worth $139,000. NBT Bank N A NY lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 340.9% in the 1st quarter. NBT Bank N A NY now owns 410 shares of the company’s stock worth $38,000 after buying an additional 317 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in iShares Interest Rate Hedged Corporate Bond ETF by 13.8% in the 1st quarter. Private Advisor Group LLC now owns 2,766 shares of the company’s stock valued at $255,000 after buying an additional 336 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of iShares Interest Rate Hedged Corporate Bond ETF stock opened at $92.52 on Thursday. The business has a 50-day moving average of $93.09 and a 200-day moving average of $92.96. iShares Interest Rate Hedged Corporate Bond ETF has a 1-year low of $91.15 and a 1-year high of $94.38.

iShares Interest Rate Hedged Corporate Bond ETF Company 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. LQDH was launched on May 27, 2014 and is managed by BlackRock.