iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) Stake Increased by KFG Wealth Management LLC

KFG Wealth Management LLC grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 9.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 55,144 shares of the company’s stock after purchasing an additional 4,738 shares during the period. iShares Interest Rate Hedged Corporate Bond ETF comprises approximately 2.3% of KFG Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. KFG Wealth Management LLC’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $5,133,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of LQDH. Sunbelt Securities Inc. purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the second quarter worth $70,000. Wells Fargo & Company MN raised its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 98.3% during the second quarter. Wells Fargo & Company MN now owns 1,733 shares of the company’s stock worth $161,000 after acquiring an additional 859 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the first quarter worth $214,000. Cetera Advisor Networks LLC purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter worth $231,000. Finally, Prime Capital Investment Advisors LLC purchased a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the third quarter worth $257,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

Shares of NYSEARCA:LQDH traded down $0.02 during midday trading on Friday, hitting $93.35. 12,690 shares of the stock were exchanged, compared to its average volume of 22,813. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $90.17 and a 52-week high of $94.37. The business’s fifty day simple moving average is $93.56 and its two-hundred day simple moving average is $93.17.

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.