iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Stock Price Down 0% – Here’s What Happened

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)’s stock price dropped 0% during mid-day trading on Thursday . The company traded as low as $25.84 and last traded at $25.89. 7,384 shares changed hands during trading, a decline of 18% from the average session volume of 9,059 shares. The stock had previously closed at $25.90.

iShares Inflation Hedged Corporate Bond ETF Price Performance

The stock has a fifty day simple moving average of $25.96 and a two-hundred day simple moving average of $26.24.

Institutional Trading of iShares Inflation Hedged Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC increased its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 3.3% during the first quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock valued at $696,000 after purchasing an additional 846 shares during the period. NewEdge Advisors LLC grew its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock worth $2,263,000 after acquiring an additional 1,186 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% in the third quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after acquiring an additional 2,455 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 3.8% in the first quarter. Cetera Investment Advisers now owns 105,510 shares of the company’s stock valued at $2,757,000 after purchasing an additional 3,901 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in iShares Inflation Hedged Corporate Bond ETF by 537.1% in the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after acquiring an additional 4,254 shares in the last quarter.

iShares Inflation Hedged Corporate Bond ETF Company 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.