Milestone Asset Management LLC Acquires Shares of 31,094 iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Milestone Asset Management LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 31,094 shares of the company’s stock, valued at approximately $2,884,000. Milestone Asset Management LLC owned approximately 0.86% of iShares Interest Rate Hedged Corporate Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in LQDH. MassMutual Private Wealth & Trust FSB purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter worth $32,000. First Horizon Advisors Inc. purchased a new position in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter valued at about $45,000. Centaurus Financial Inc. acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the second quarter worth about $114,000. JPMorgan Chase & Co. boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 658.8% in the third quarter. JPMorgan Chase & Co. now owns 2,428 shares of the company’s stock worth $226,000 after acquiring an additional 2,108 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth about $254,000.

iShares Interest Rate Hedged Corporate Bond ETF Stock Down 0.1 %

iShares Interest Rate Hedged Corporate Bond ETF stock opened at $93.50 on Thursday. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $90.46 and a 52 week high of $94.30. The stock has a 50-day moving average price of $93.18 and a 200 day moving average price of $92.86.

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.