iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Shares Down 0.2% – Should You Sell?
by Mitch Edgeman · The Markets DailyiShares Inflation Hedged Corporate Bond ETF (BATS:LQDI – Get Free Report) shares dropped 0.2% on Thursday . The stock traded as low as $25.70 and last traded at $25.77. Approximately 16,747 shares were traded during trading, an increase of 80% from the average session volume of 9,321 shares. The stock had previously closed at $25.83.
iShares Inflation Hedged Corporate Bond ETF Price Performance
The business’s fifty day moving average price is $26.15 and its 200-day moving average price is $26.32.
Institutional Trading of iShares Inflation Hedged Corporate Bond ETF
Several institutional investors and hedge funds have recently bought and sold shares of LQDI. NewEdge Advisors LLC increased its position in shares of iShares Inflation Hedged Corporate Bond ETF by 2,517.8% in the third quarter. NewEdge Advisors LLC now owns 72,933 shares of the company’s stock worth $1,963,000 after purchasing an additional 70,147 shares during the last quarter. MML Investors Services LLC raised its stake in iShares Inflation Hedged Corporate Bond ETF by 22.2% in the fourth quarter. MML Investors Services LLC now owns 309,302 shares of the company’s stock valued at $8,190,000 after purchasing an additional 56,129 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in iShares Inflation Hedged Corporate Bond ETF during the fourth quarter valued at approximately $1,188,000. LPL Financial LLC lifted its position in iShares Inflation Hedged Corporate Bond ETF by 6.8% during the fourth quarter. LPL Financial LLC now owns 311,388 shares of the company’s stock valued at $8,246,000 after purchasing an additional 19,852 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in iShares Inflation Hedged Corporate Bond ETF in the 2nd quarter worth approximately $472,000.
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.