95,991 Shares in iShares Interest Rate Hedged Corporate Bond ETF $LQDH Bought by Harbour Wealth Management Group Inc.

Harbour Wealth Management Group Inc. bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 95,991 shares of the company’s stock, valued at approximately $8,961,000. iShares Interest Rate Hedged Corporate Bond ETF makes up approximately 7.0% of Harbour Wealth Management Group Inc.’s investment portfolio, making the stock its 3rd largest position. Harbour Wealth Management Group Inc. owned about 1.76% of iShares Interest Rate Hedged Corporate Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of LQDH. Spire Wealth Management boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 784.4% during the fourth quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after buying an additional 251 shares during the period. Harbor Asset Planning Inc. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at approximately $42,000. Kestra Advisory Services LLC acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $119,000. Geneos Wealth Management Inc. acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth approximately $135,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 25.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock worth $160,000 after acquiring an additional 348 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.0%

NYSEARCA LQDH opened at $93.26 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a 12-month low of $91.15 and a 12-month high of $94.38. The firm’s 50 day moving average is $93.06 and its 200-day moving average is $93.04.

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.