Beacon Financial Group Lowers Stock Holdings in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Beacon Financial Group reduced its position in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 23.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,117 shares of the company’s stock after selling 16,427 shares during the quarter. Beacon Financial Group owned about 0.97% of iShares Interest Rate Hedged Corporate Bond ETF worth $4,969,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can lifted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 0.6% in the 2nd quarter. Bank of Montreal Can now owns 53,708 shares of the company’s stock worth $4,963,000 after purchasing an additional 336 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 8.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 4,513 shares of the company’s stock valued at $417,000 after purchasing an additional 351 shares in the last quarter. Vista Cima Wealth Management LLC increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 14.9% in the first quarter. Vista Cima Wealth Management LLC now owns 2,734 shares of the company’s stock worth $252,000 after purchasing an additional 354 shares during the period. PNC Financial Services Group Inc. raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 38.9% in the second quarter. PNC Financial Services Group Inc. now owns 1,364 shares of the company’s stock worth $126,000 after buying an additional 382 shares in the last quarter. Finally, FSA Advisors Inc. raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 15.0% in the second quarter. FSA Advisors Inc. now owns 2,973 shares of the company’s stock worth $275,000 after buying an additional 387 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA:LQDH opened at $93.32 on Thursday. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $88.08 and a 52-week high of $94.44. The stock has a fifty day moving average of $93.19 and a 200 day moving average of $92.89.

iShares Interest Rate Hedged Corporate Bond ETF 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.