SimpliFi Inc. Increases Stock Position in iShares Inflation Hedged Corporate Bond ETF $LQDI

SimpliFi Inc. increased its position in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 0.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,447,931 shares of the company’s stock after purchasing an additional 10,497 shares during the period. iShares Inflation Hedged Corporate Bond ETF makes up approximately 16.8% of SimpliFi Inc.’s holdings, making the stock its biggest position. SimpliFi Inc. owned 0.41% of iShares Inflation Hedged Corporate Bond ETF worth $38,121,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 114.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 221,938 shares of the company’s stock valued at $5,813,000 after acquiring an additional 118,226 shares during the period. Avantax Advisory Services Inc. lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 19.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 100,212 shares of the company’s stock valued at $2,625,000 after acquiring an additional 16,175 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in iShares Inflation Hedged Corporate Bond ETF during the 1st quarter valued at about $223,000.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

LQDI opened at $26.98 on Thursday. The company’s 50-day simple moving average is $26.67 and its two-hundred day simple moving average is $26.13. iShares Inflation Hedged Corporate Bond ETF has a 52-week low of $24.64 and a 52-week high of $27.00.

iShares Inflation Hedged Corporate Bond ETF Company Profile

The iShares Inflation Hedged Corporate Bond ETF (LQDI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk.