SimpliFi Inc. Has $39.73 Million Position in iShares Inflation Hedged Corporate Bond ETF $LQDI

SimpliFi Inc. boosted its holdings in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 2.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,476,398 shares of the company’s stock after buying an additional 28,467 shares during the quarter. iShares Inflation Hedged Corporate Bond ETF accounts for 17.0% of SimpliFi Inc.’s holdings, making the stock its largest position. SimpliFi Inc. owned approximately 0.42% of iShares Inflation Hedged Corporate Bond ETF worth $39,730,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. ABLE Financial Group LLC grew its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 6.4% in the 3rd quarter. ABLE Financial Group LLC now owns 9,372 shares of the company’s stock worth $252,000 after acquiring an additional 562 shares during the last quarter. Ameritas Advisory Services LLC increased its stake in iShares Inflation Hedged Corporate Bond ETF by 42.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 12,066 shares of the company’s stock worth $318,000 after purchasing an additional 3,570 shares in the last quarter. Osaic Holdings Inc. raised its holdings in iShares Inflation Hedged Corporate Bond ETF by 537.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after buying an additional 4,254 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares Inflation Hedged Corporate Bond ETF in the second quarter worth about $141,000. Finally, Avantax Advisory Services Inc. increased its position in shares of 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 worth $2,825,000 after acquiring an additional 7,091 shares in the last quarter.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

Shares of BATS:LQDI opened at $26.46 on Friday. iShares Inflation Hedged Corporate Bond ETF has a 52 week low of $24.64 and a 52 week high of $27.00. The firm has a 50 day simple moving average of $26.57 and a 200 day simple moving average of $26.61.

iShares Inflation Hedged Corporate Bond ETF Company Profile

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.