iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Trading Down 0% – Should You Sell?

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)’s stock price were down 0% on Thursday . The company traded as low as $25.84 and last traded at $25.89. 7,384 shares changed hands during trading, a decline of 18% from the average session volume of 9,059 shares. The stock had previously closed at $25.90.

iShares Inflation Hedged Corporate Bond ETF Price Performance

The stock’s 50-day moving average price is $25.95 and its 200-day moving average price is $26.24.

Institutional Investors Weigh In On iShares Inflation Hedged Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. boosted its stake in iShares Inflation Hedged Corporate Bond ETF by 537.1% in the second quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock valued at $133,000 after acquiring an additional 4,254 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares Inflation Hedged Corporate Bond ETF during the second quarter valued at approximately $141,000. Bank of America Corp DE raised its position in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% during the 3rd quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after purchasing an additional 2,455 shares during the period. Jane Street Group LLC acquired a new stake in shares of iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter worth approximately $472,000. Finally, Kestra Advisory Services LLC lifted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 3.3% in the 1st quarter. Kestra Advisory Services LLC now owns 26,620 shares of the company’s stock worth $696,000 after purchasing an additional 846 shares during the last quarter.

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.