Able Wealth Management LLC Has $753,000 Stock Position in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Able Wealth Management LLC reduced its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 48.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,153 shares of the company’s stock after selling 7,631 shares during the period. Able Wealth Management LLC’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $753,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Leo Wealth LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 132.8% in the 4th quarter. Leo Wealth LLC now owns 262,375 shares of the company’s stock valued at $24,500,000 after buying an additional 149,654 shares during the last quarter. Harbour Wealth Management Group Inc. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter valued at about $8,961,000. JPMorgan Chase & Co. boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 724.2% during the second quarter. JPMorgan Chase & Co. now owns 54,886 shares of the company’s stock valued at $5,071,000 after acquiring an additional 48,227 shares during the period. LPL Financial LLC boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 12.9% during the fourth quarter. LPL Financial LLC now owns 393,935 shares of the company’s stock valued at $36,774,000 after acquiring an additional 45,039 shares during the period. Finally, Twelve Points Wealth Management LLC grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 316.3% in the fourth quarter. Twelve Points Wealth Management LLC now owns 55,452 shares of the company’s stock valued at $5,189,000 after purchasing an additional 42,133 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Up 0.1%

Shares of NYSEARCA:LQDH opened at $93.20 on Thursday. The stock’s 50-day moving average is $93.15 and its 200-day moving average is $93.04. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $91.15 and a 52-week high of $94.38.

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. LQDH was launched on May 27, 2014 and is managed by BlackRock.