Able Wealth Management LLC Makes New $786,000 Investment in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Able Wealth Management LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,448 shares of the company’s stock, valued at approximately $786,000. iShares Interest Rate Hedged Corporate Bond ETF makes up 0.7% of Able Wealth Management LLC’s investment portfolio, making the stock its 29th biggest holding. Able Wealth Management LLC owned about 0.29% of iShares Interest Rate Hedged Corporate Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signature Resources Capital Management LLC bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at $47,000. Scotia Capital Inc. boosted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 1.9% during the fourth quarter. Scotia Capital Inc. now owns 55,554 shares of the company’s stock valued at $5,171,000 after buying an additional 1,011 shares during the period. Prime Capital Investment Advisors LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 54.1% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 4,274 shares of the company’s stock worth $398,000 after buying an additional 1,501 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 6.3% during the fourth quarter. Capital Investment Advisory Services LLC now owns 27,897 shares of the company’s stock worth $2,597,000 after buying an additional 1,651 shares in the last quarter. Finally, Jacobi Capital Management LLC bought a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 3rd quarter worth about $265,000.

iShares Interest Rate Hedged Corporate Bond ETF Trading Down 0.4 %

Shares of LQDH opened at $93.04 on Friday. iShares Interest Rate Hedged Corporate Bond ETF has a 12-month low of $91.23 and a 12-month high of $94.37. The stock has a 50-day moving average price of $93.72 and a 200-day moving average price of $93.60.

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.