iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,641 shares, a decline of 51.6% from the May 14th total of 3,392 shares. Based on an average daily trading volume, of 6,292 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.
iShares Inflation Hedged Corporate Bond ETF Stock Performance
Shares of BATS LQDI opened at $26.41 on Monday. iShares Inflation Hedged Corporate Bond ETF has a 1 year low of $25.75 and a 1 year high of $27.20. The company’s 50-day moving average is $26.41 and its 200 day moving average is $26.45.
Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. ABLE Financial Group LLC grew its holdings in iShares Inflation Hedged Corporate Bond ETF by 7.7% in the fourth quarter. ABLE Financial Group LLC now owns 10,094 shares of the company’s stock worth $267,000 after purchasing an additional 722 shares during the period. Kestra Advisory Services LLC grew its holdings in iShares Inflation Hedged Corporate Bond ETF by 3.3% in the first quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock worth $696,000 after purchasing an additional 846 shares during the period. NewEdge Advisors LLC grew its holdings in iShares Inflation Hedged Corporate Bond ETF by 1.4% in the first quarter. NewEdge Advisors LLC now owns 86,584 shares of the company’s stock worth $2,263,000 after purchasing an additional 1,186 shares during the period. Bank of America Corp DE grew its holdings in 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 purchasing an additional 2,455 shares during the period. Finally, Cetera Investment Advisers grew its holdings in 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 worth $2,757,000 after purchasing an additional 3,901 shares during the period.
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.
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