Cetera Investment Advisers Sells 16,550 Shares of iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Cetera Investment Advisers decreased its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 53.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 14,451 shares of the company’s stock after selling 16,550 shares during the period. Cetera Investment Advisers’ holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $1,334,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Destination Wealth Management boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.1% in the 4th quarter. Destination Wealth Management now owns 892,414 shares of the company’s stock worth $83,307,000 after acquiring an additional 34,888 shares in the last quarter. LPL Financial LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 393,935 shares of the company’s stock worth $36,774,000 after acquiring an additional 45,039 shares during the last quarter. MML Investors Services LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 10.4% during the 4th quarter. MML Investors Services LLC now owns 167,831 shares of the company’s stock worth $15,667,000 after acquiring an additional 15,878 shares during the last quarter. UBS Group AG increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 6.3% during the 4th quarter. UBS Group AG now owns 137,825 shares of the company’s stock valued at $12,866,000 after purchasing an additional 8,178 shares in the last quarter. Finally, Scotia Capital Inc. increased its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 5.6% during the 3rd quarter. Scotia Capital Inc. now owns 133,048 shares of the company’s stock valued at $12,446,000 after purchasing an additional 7,081 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.1%

Shares of LQDH opened at $92.35 on Thursday. The stock has a fifty day moving average price of $92.79 and a two-hundred day moving average price of $92.82. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $91.15 and a 52-week high of $94.38.

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.