Stratos Investment Management LLC Purchases New Stake in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Stratos Investment Management LLC acquired a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 8,939 shares of the company’s stock, valued at approximately $836,000.

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

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

LQDH stock opened at $93.30 on Thursday. The firm has a 50 day moving average of $93.55 and a 200-day moving average of $93.25. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $88.08 and a 12 month high of $94.44.

About iShares Interest Rate Hedged Corporate Bond ETF

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.