JPMorgan Chase & Co. Has $1.72 Million Position in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

JPMorgan Chase & Co. lowered its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 66.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,368 shares of the company’s stock after selling 36,518 shares during the quarter. JPMorgan Chase & Co. owned 0.33% of iShares Interest Rate Hedged Corporate Bond ETF worth $1,718,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Destination Wealth Management raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.1% during the third quarter. Destination Wealth Management now owns 857,526 shares of the company’s stock worth $80,218,000 after purchasing an additional 34,064 shares during the period. Envestnet Asset Management Inc. raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 9.1% during the third quarter. Envestnet Asset Management Inc. now owns 431,504 shares of the company’s stock worth $40,365,000 after purchasing an additional 35,992 shares during the period. MML Investors Services LLC raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 12.3% during the second quarter. MML Investors Services LLC now owns 152,750 shares of the company’s stock worth $14,114,000 after purchasing an additional 16,748 shares during the period. Scotia Capital Inc. raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 5.6% during the third quarter. Scotia Capital Inc. now owns 133,048 shares of the company’s stock worth $12,446,000 after purchasing an additional 7,081 shares during the period. Finally, UBS Group AG raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 5.3% during the third quarter. UBS Group AG now owns 129,647 shares of the company’s stock worth $12,128,000 after purchasing an additional 6,490 shares during the period.

iShares Interest Rate Hedged Corporate Bond ETF Stock Up 0.1%

NYSEARCA LQDH opened at $92.36 on Wednesday. The stock’s 50-day moving average is $92.63 and its 200-day moving average is $93.10. iShares Interest Rate Hedged Corporate Bond ETF has a one year low of $88.08 and a one year high of $94.38.

About iShares Interest Rate Hedged Corporate Bond ETF

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. LQDH was launched on May 27, 2014 and is managed by BlackRock.