iShares Interest Rate Hedged Corporate Bond ETF $LQDH Stake Raised by Harbour Wealth Management Group Inc.

Harbour Wealth Management Group Inc. raised its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 8.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 104,447 shares of the company’s stock after buying an additional 8,456 shares during the period. iShares Interest Rate Hedged Corporate Bond ETF accounts for about 7.3% of Harbour Wealth Management Group Inc.’s portfolio, making the stock its 3rd largest position. Harbour Wealth Management Group Inc.’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $9,645,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of LQDH. Leo Wealth LLC lifted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 132.8% in the fourth quarter. Leo Wealth LLC now owns 262,375 shares of the company’s stock valued at $24,500,000 after acquiring an additional 149,654 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 724.2% during the second quarter. JPMorgan Chase & Co. now owns 54,886 shares of the company’s stock valued at $5,071,000 after acquiring an additional 48,227 shares during the last quarter. LPL Financial LLC increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 393,935 shares of the company’s stock worth $36,774,000 after purchasing an additional 45,039 shares in the last quarter. Twelve Points Wealth Management LLC increased its position in iShares Interest Rate Hedged Corporate Bond ETF by 316.3% during the 4th quarter. Twelve Points Wealth Management LLC now owns 55,452 shares of the company’s stock worth $5,189,000 after purchasing an additional 42,133 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 104.3% in the 3rd quarter. Raymond James Financial Inc. now owns 73,360 shares of the company’s stock valued at $6,863,000 after purchasing an additional 37,448 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

NYSEARCA:LQDH opened at $93.32 on Tuesday. iShares Interest Rate Hedged Corporate Bond ETF has a 12-month low of $91.15 and a 12-month high of $94.38. The company’s 50-day moving average is $93.09 and its two-hundred day moving average is $93.04.

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. LQDH was launched on May 27, 2014 and is managed by BlackRock.