LPL Financial LLC Has $8.27 Million Stock Holdings in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)

LPL Financial LLC decreased its stake in shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 23.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 315,681 shares of the company’s stock after selling 97,519 shares during the period. LPL Financial LLC owned approximately 9.02% of iShares Inflation Hedged Corporate Bond ETF worth $8,268,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Ameritas Advisory Services LLC bought a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the first quarter worth $223,000. ABLE Financial Group LLC bought a new position in iShares Inflation Hedged Corporate Bond ETF in the fourth quarter valued at $224,000. Avantax Advisory Services Inc. grew its position in iShares Inflation Hedged Corporate Bond ETF by 19.2% in the first quarter. Avantax Advisory Services Inc. now owns 100,212 shares of the company’s stock valued at $2,625,000 after purchasing an additional 16,175 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Inflation Hedged Corporate Bond ETF by 28.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 103,712 shares of the company’s stock valued at $2,639,000 after purchasing an additional 23,081 shares in the last quarter. Finally, MML Investors Services LLC grew its position in iShares Inflation Hedged Corporate Bond ETF by 30.1% in the fourth quarter. MML Investors Services LLC now owns 104,090 shares of the company’s stock valued at $2,649,000 after purchasing an additional 24,085 shares in the last quarter.

iShares Inflation Hedged Corporate Bond ETF Stock Up 0.6%

iShares Inflation Hedged Corporate Bond ETF stock opened at $26.31 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 1-year low of $24.64 and a 1-year high of $27.00. The company has a fifty day simple moving average of $26.14 and a 200 day simple moving average of $25.93.

About iShares Inflation Hedged Corporate Bond ETF

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.