iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Trading 0% Higher – What’s Next?

Shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) traded up 0% during trading on Tuesday . The stock traded as high as $26.25 and last traded at $26.25. 7,601 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 10,809 shares. The stock had previously closed at $26.24.

iShares Inflation Hedged Corporate Bond ETF Price Performance

The firm’s 50-day simple moving average is $26.38 and its 200 day simple moving average is $26.58.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

Several large investors have recently modified their holdings of LQDI. Raymond James Financial Inc. purchased a new position in shares of iShares Inflation Hedged Corporate Bond ETF in the second quarter worth about $141,000. Jane Street Group LLC purchased a new position in shares of iShares Inflation Hedged Corporate Bond ETF in the second quarter worth about $472,000. MML Investors Services LLC increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 16.3% in the second quarter. MML Investors Services LLC now owns 249,911 shares of the company’s stock worth $6,580,000 after purchasing an additional 35,028 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 537.1% in the second quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after purchasing an additional 4,254 shares in the last quarter. Finally, ABLE Financial Group LLC increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 6.4% in the third quarter. ABLE Financial Group LLC now owns 9,372 shares of the company’s stock worth $252,000 after purchasing an additional 562 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.