Ameritas Advisory Services LLC Buys Shares of 44,866 iShares Inflation Hedged Corporate Bond ETF $LQDI

Ameritas Advisory Services LLC bought a new stake in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 44,866 shares of the company’s stock, valued at approximately $1,188,000.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in iShares Inflation Hedged Corporate Bond ETF by 10.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 275,682 shares of the company’s stock valued at $7,419,000 after acquiring an additional 25,663 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the second quarter worth approximately $141,000. Jane Street Group LLC purchased a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the second quarter worth approximately $472,000. MML Investors Services LLC increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 16.3% during the second quarter. MML Investors Services LLC now owns 249,911 shares of the company’s stock worth $6,580,000 after buying an additional 35,028 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 2,517.8% during the third quarter. NewEdge Advisors LLC now owns 72,933 shares of the company’s stock worth $1,963,000 after buying an additional 70,147 shares during the period.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

LQDI stock opened at $26.47 on Friday. The company’s 50 day moving average price is $26.32 and its 200 day moving average price is $26.50. iShares Inflation Hedged Corporate Bond ETF has a fifty-two week low of $25.50 and a fifty-two week high of $27.20.

iShares Inflation Hedged Corporate Bond ETF 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. LQDI was launched on May 8, 2018 and is managed by BlackRock.