Foundations Investment Advisors LLC Trims Position in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Foundations Investment Advisors LLC decreased its holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 13.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,378 shares of the company’s stock after selling 8,315 shares during the quarter. Foundations Investment Advisors LLC owned about 1.03% of iShares Interest Rate Hedged Corporate Bond ETF worth $5,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of New York Mellon Corp raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 145.6% in the first quarter. Bank of New York Mellon Corp now owns 22,688 shares of the company’s stock worth $2,093,000 after buying an additional 13,452 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth approximately $1,920,000. Janney Montgomery Scott LLC grew its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 18.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 24,253 shares of the company’s stock worth $2,241,000 after acquiring an additional 3,755 shares during the period. Cetera Investment Advisers raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 52.4% in the 1st quarter. Cetera Investment Advisers now owns 10,532 shares of the company’s stock worth $972,000 after acquiring an additional 3,621 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 5,333 shares of the company’s stock valued at $492,000 after purchasing an additional 195 shares during the period.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.1%

Shares of LQDH stock opened at $92.80 on Friday. The business’s fifty day moving average is $93.23 and its 200 day moving average is $92.61. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $88.08 and a twelve month high of $94.44.

iShares Interest Rate Hedged Corporate Bond ETF 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.