Savvy Advisors Inc. Takes $2.94 Million Position in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Savvy Advisors Inc. bought a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 31,455 shares of the company’s stock, valued at approximately $2,936,000. Savvy Advisors Inc. owned approximately 0.54% of iShares Interest Rate Hedged Corporate Bond ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LQDH. Spire Wealth Management raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the fourth quarter. Spire Wealth Management now owns 283 shares of the company’s stock valued at $26,000 after buying an additional 251 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter valued at about $135,000. PNC Financial Services Group Inc. increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 25.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock valued at $160,000 after acquiring an additional 348 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth about $203,000. Finally, West Wealth Group LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 3rd quarter worth about $212,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

Shares of LQDH opened at $92.19 on Monday. The stock has a 50 day moving average price of $92.70 and a 200 day moving average price of $93.11. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $88.08 and a 52-week high of $94.38.

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