Founders Financial Alliance LLC Has $304,000 Stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Founders Financial Alliance LLC cut its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,263 shares of the company’s stock after selling 737 shares during the period. Founders Financial Alliance LLC owned approximately 0.11% of iShares Interest Rate Hedged Corporate Bond ETF worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sharkey Howes & Javer bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter worth about $1,455,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 1,179.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 5,642 shares of the company’s stock valued at $540,000 after buying an additional 5,201 shares in the last quarter. KFG Wealth Management LLC increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 9.4% during the fourth quarter. KFG Wealth Management LLC now owns 55,144 shares of the company’s stock worth $5,133,000 after buying an additional 4,738 shares during the last quarter. Outlook Wealth Advisors LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter worth $415,000. Finally, Scotia Capital Inc. lifted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 6.9% in the third quarter. Scotia Capital Inc. now owns 54,543 shares of the company’s stock valued at $5,048,000 after acquiring an additional 3,537 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQDH traded up $0.23 during midday trading on Friday, hitting $94.10. 14,389 shares of the company’s stock were exchanged, compared to its average volume of 23,363. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $90.99 and a 12 month high of $94.37. The company’s 50 day moving average price is $93.75 and its 200 day moving average price is $93.52.

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.