Assetmark Inc. Sells 42,580 Shares of iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Assetmark Inc. cut its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 53.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,435 shares of the company’s stock after selling 42,580 shares during the period. Assetmark Inc. owned approximately 0.64% of iShares Interest Rate Hedged Corporate Bond ETF worth $3,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LQDH. PNC Financial Services Group Inc. boosted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 38.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,364 shares of the company’s stock valued at $126,000 after buying an additional 382 shares during the period. Geneos Wealth Management Inc. purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter valued at $135,000. First Horizon Advisors Inc. boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 96.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,711 shares of the company’s stock valued at $158,000 after acquiring an additional 839 shares during the period. Diversify Advisory Services LLC bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter valued at $203,000. Finally, West Wealth Group LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth $212,000.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.2%

NYSEARCA:LQDH opened at $93.38 on Thursday. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $88.08 and a twelve month high of $94.44. The stock has a fifty day simple moving average of $93.53 and a 200-day simple moving average of $93.26.

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