Harbour Wealth Management Group Inc. Takes $8.96 Million Position in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Harbour Wealth Management Group Inc. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) during the fourth quarter, HoldingsChannel reports. The firm bought 95,991 shares of the company’s stock, valued at approximately $8,961,000. iShares Interest Rate Hedged Corporate Bond ETF comprises about 7.0% of Harbour Wealth Management Group Inc.’s holdings, making the stock its 3rd largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. GC Wealth Management RIA LLC grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 3.9% in the fourth quarter. GC Wealth Management RIA LLC now owns 3,160 shares of the company’s stock valued at $295,000 after purchasing an additional 118 shares in the last quarter. GeoWealth Management LLC raised its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 3.9% during the 4th quarter. GeoWealth Management LLC now owns 3,163 shares of the company’s stock worth $295,000 after purchasing an additional 118 shares in the last quarter. Able Wealth Management LLC raised its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 1.0% during the 4th quarter. Able Wealth Management LLC now owns 15,784 shares of the company’s stock worth $1,473,000 after purchasing an additional 154 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the 4th quarter. Spire Wealth Management now owns 283 shares of the company’s stock valued at $26,000 after buying an additional 251 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 2.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,282 shares of the company’s stock valued at $960,000 after buying an additional 253 shares during the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

NYSEARCA:LQDH opened at $93.26 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a 1-year low of $91.15 and a 1-year high of $94.38. The firm has a fifty day simple moving average of $93.06 and a 200 day simple moving average of $93.04.

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.