Envestnet Asset Management Inc. Purchases 25,663 Shares of iShares Inflation Hedged Corporate Bond ETF $LQDI

Envestnet Asset Management Inc. increased its position in shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 10.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 275,682 shares of the company’s stock after buying an additional 25,663 shares during the period. Envestnet Asset Management Inc. owned 7.88% of iShares Inflation Hedged Corporate Bond ETF worth $7,419,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. ABLE Financial Group LLC increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 6.4% during the 3rd quarter. ABLE Financial Group LLC now owns 9,372 shares of the company’s stock worth $252,000 after purchasing an additional 562 shares during the last quarter. Osaic Holdings Inc. grew its holdings in iShares Inflation Hedged Corporate Bond ETF by 537.1% during the second quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after purchasing an additional 4,254 shares during the period. Raymond James Financial Inc. acquired a new position in iShares Inflation Hedged Corporate Bond ETF during the second quarter worth approximately $141,000. Avantax Advisory Services Inc. raised its stake in iShares Inflation Hedged Corporate Bond ETF by 7.1% in the second quarter. Avantax Advisory Services Inc. now owns 107,303 shares of the company’s stock valued at $2,825,000 after buying an additional 7,091 shares during the period. Finally, Jane Street Group LLC bought a new stake in iShares Inflation Hedged Corporate Bond ETF in the second quarter valued at approximately $472,000.

iShares Inflation Hedged Corporate Bond ETF Trading Down 0.1%

Shares of BATS LQDI opened at $26.66 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 12 month low of $24.64 and a 12 month high of $27.20. The stock has a 50 day moving average of $26.54 and a 200-day moving average of $26.68.

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. LQDI was launched on May 8, 2018 and is managed by BlackRock.