Red Wave Investments LLC Lowers Stock Holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Red Wave Investments LLC lowered its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 6.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,265 shares of the company’s stock after selling 1,618 shares during the quarter. iShares Interest Rate Hedged Corporate Bond ETF comprises about 0.8% of Red Wave Investments LLC’s holdings, making the stock its 28th largest position. Red Wave Investments LLC owned 0.67% of iShares Interest Rate Hedged Corporate Bond ETF worth $2,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth about $32,000. First Horizon Advisors Inc. purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter valued at approximately $45,000. Centaurus Financial Inc. raised its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 31.7% in the third quarter. Centaurus Financial Inc. now owns 1,620 shares of the company’s stock valued at $151,000 after buying an additional 390 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Interest Rate Hedged Corporate Bond ETF by 658.8% during the third quarter. JPMorgan Chase & Co. now owns 2,428 shares of the company’s stock valued at $226,000 after buying an additional 2,108 shares in the last quarter. Finally, Perigon Wealth Management LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter worth approximately $262,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

iShares Interest Rate Hedged Corporate Bond ETF stock opened at $93.71 on Friday. The firm has a fifty day moving average of $93.25 and a 200-day moving average of $92.96. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $90.46 and a 52-week high of $94.44.

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.