Destination Wealth Management lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH – Free Report) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 892,414 shares of the company’s stock after buying an additional 34,888 shares during the period. iShares Interest Rate Hedged Corporate Bond ETF makes up about 2.2% of Destination Wealth Management’s portfolio, making the stock its 8th biggest holding. Destination Wealth Management owned 0.16% of iShares Interest Rate Hedged Corporate Bond ETF worth $83,307,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Spire Wealth Management increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the 4th quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after buying an additional 251 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth about $42,000. Kestra Advisory Services LLC bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth about $119,000. Geneos Wealth Management Inc. bought a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter worth about $135,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 25.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock worth $160,000 after buying an additional 348 shares during the last quarter.
iShares Interest Rate Hedged Corporate Bond ETF Stock Performance
iShares Interest Rate Hedged Corporate Bond ETF stock opened at $93.46 on Friday. The company’s 50-day moving average price is $92.97 and its 200-day moving average price is $93.05. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $91.15 and a twelve month high of $94.38.
iShares Interest Rate Hedged Corporate Bond ETF Company 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.
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Want to see what other hedge funds are holding LQDH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH – Free Report).
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