iShares Interest Rate Hedged Corporate Bond ETF $LQDH Stock Holdings Lifted by Destination Wealth Management

Destination Wealth Management lifted its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 4.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 892,414 shares of the company’s stock after buying an additional 34,888 shares during the quarter. iShares Interest Rate Hedged Corporate Bond ETF makes up 2.2% of Destination Wealth Management’s holdings, making the stock its 8th largest holding. Destination Wealth Management owned 16.37% of iShares Interest Rate Hedged Corporate Bond ETF worth $83,307,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Spire Wealth Management lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 784.4% during the 4th quarter. Spire Wealth Management now owns 283 shares of the company’s stock valued at $26,000 after buying an additional 251 shares in the last quarter. Harbor Asset Planning Inc. purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth $42,000. Kestra Advisory Services LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter worth $119,000. Geneos Wealth Management Inc. purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 2nd quarter worth $135,000. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 25.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock worth $160,000 after purchasing an additional 348 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.2%

Shares of LQDH stock opened at $93.46 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $91.15 and a 52 week high of $94.38. The company’s fifty day simple moving average is $92.97 and its two-hundred day simple moving average is $93.05.

iShares Interest Rate Hedged Corporate Bond ETF 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. LQDH was launched on May 27, 2014 and is managed by BlackRock.