International Assets Investment Management LLC Makes New $137,000 Investment in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)

International Assets Investment Management LLC purchased a new position in shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,222 shares of the company’s stock, valued at approximately $137,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the 3rd quarter worth about $218,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the 3rd quarter worth about $223,000. Avantax Advisory Services Inc. boosted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 39.4% during the 3rd quarter. Avantax Advisory Services Inc. now owns 43,922 shares of the company’s stock worth $1,082,000 after acquiring an additional 12,407 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc purchased a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the 4th quarter worth about $71,000.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

LQDI stock opened at $25.62 on Tuesday. The stock’s 50-day moving average price is $25.77 and its 200-day moving average price is $25.58.

iShares Inflation Hedged Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 8th. Investors of record on Tuesday, March 5th were paid a $0.0981 dividend. The ex-dividend date of this dividend was Monday, March 4th. This is a positive change from iShares Inflation Hedged Corporate Bond ETF’s previous dividend of $0.10.

iShares Inflation Hedged Corporate Bond ETF 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.