iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Position Lessened by Red Wave Investments LLC

Red Wave Investments LLC reduced its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 26.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,144 shares of the company’s stock after selling 11,708 shares during the quarter. iShares Interest Rate Hedged Corporate Bond ETF comprises approximately 1.2% of Red Wave Investments LLC’s holdings, making the stock its 23rd largest position. Red Wave Investments LLC owned 1.09% of iShares Interest Rate Hedged Corporate Bond ETF worth $2,992,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 3rd quarter valued at $257,000. Jacobi Capital Management LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth about $265,000. Avantax Advisory Services Inc. bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 3rd quarter valued at about $322,000. Private Advisor Group LLC increased its stake in iShares Interest Rate Hedged Corporate Bond ETF by 44.4% during the 3rd quarter. Private Advisor Group LLC now owns 4,034 shares of the company’s stock valued at $373,000 after buying an additional 1,241 shares during the period. Finally, Outlook Wealth Advisors LLC bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth about $415,000.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.1 %

iShares Interest Rate Hedged Corporate Bond ETF stock opened at $94.03 on Monday. iShares Interest Rate Hedged Corporate Bond ETF has a 12-month low of $90.17 and a 12-month high of $94.37. The firm has a 50 day simple moving average of $93.59 and a 200-day simple moving average of $93.26.

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.