Bank of America Corp DE Buys 4,742 Shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Bank of America Corp DE raised its stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 308,851 shares of the company’s stock after purchasing an additional 4,742 shares during the quarter. Bank of America Corp DE owned approximately 8.58% of iShares Interest Rate Hedged Corporate Bond ETF worth $28,643,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of LQDH. MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $32,000. JPMorgan Chase & Co. boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 658.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,428 shares of the company’s stock worth $226,000 after acquiring an additional 2,108 shares during the period. Smith Moore & CO. bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $237,000. Perigon Wealth Management LLC bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 4th quarter worth approximately $262,000. Finally, McAdam LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at $276,000.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

LQDH opened at $91.86 on Friday. The business has a fifty day simple moving average of $91.24 and a 200 day simple moving average of $92.54. iShares Interest Rate Hedged Corporate Bond ETF has a 1 year low of $88.08 and a 1 year 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.