Envestnet Asset Management Inc. Acquires 28,081 Shares of iShares Inflation Hedged Corporate Bond ETF $LQDI

Envestnet Asset Management Inc. increased its holdings in shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 12.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 250,019 shares of the company’s stock after acquiring an additional 28,081 shares during the quarter. Envestnet Asset Management Inc. owned about 0.07% of iShares Inflation Hedged Corporate Bond ETF worth $6,583,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Avantax Advisory Services Inc. boosted its holdings in iShares Inflation Hedged Corporate Bond ETF by 19.2% in the 1st quarter. Avantax Advisory Services Inc. now owns 100,212 shares of the company’s stock valued at $2,625,000 after purchasing an additional 16,175 shares during the period. SimpliFi Inc. raised its position in shares of iShares Inflation Hedged Corporate Bond ETF by 0.7% in the second quarter. SimpliFi Inc. now owns 1,447,931 shares of the company’s stock valued at $38,121,000 after buying an additional 10,497 shares in the last quarter. Finally, Ameritas Advisory Services LLC boosted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 42.0% in the second quarter. Ameritas Advisory Services LLC now owns 12,066 shares of the company’s stock valued at $318,000 after buying an additional 3,570 shares during the period.

iShares Inflation Hedged Corporate Bond ETF Price Performance

Shares of BATS:LQDI opened at $26.72 on Wednesday. The business’s 50 day simple moving average is $26.90 and its 200 day simple moving average is $26.38. iShares Inflation Hedged Corporate Bond ETF has a 1 year low of $24.64 and a 1 year high of $27.00.

About iShares Inflation Hedged Corporate Bond ETF

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.