Park Avenue Securities LLC Purchases 7,966 Shares of iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Park Avenue Securities LLC grew its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 95.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 16,305 shares of the company’s stock after buying an additional 7,966 shares during the period. Park Avenue Securities LLC’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $1,507,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of LQDH. First Horizon Advisors Inc. grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 66.7% during the first quarter. First Horizon Advisors Inc. now owns 872 shares of the company’s stock worth $81,000 after buying an additional 349 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 305.8% during the first quarter. PNC Financial Services Group Inc. now owns 982 shares of the company’s stock worth $91,000 after buying an additional 740 shares in the last quarter. Anfield Capital Management LLC grew its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 40.0% during the first quarter. Anfield Capital Management LLC now owns 1,256 shares of the company’s stock worth $116,000 after buying an additional 359 shares in the last quarter. Two West Capital Advisors LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the first quarter worth $209,000. Finally, FSA Advisors Inc. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the first quarter worth $239,000.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.2%

Shares of iShares Interest Rate Hedged Corporate Bond ETF stock opened at $93.32 on Friday. The stock has a fifty day simple moving average of $92.94 and a 200 day simple moving average of $92.11. 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.