iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Stock Price Cross Above 200 Day Moving Average – Time to Sell?

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.20 and traded as high as $26.34. iShares Inflation Hedged Corporate Bond ETF shares last traded at $26.34, with a volume of 513 shares traded.

iShares Inflation Hedged Corporate Bond ETF Price Performance

The firm has a 50-day moving average of $26.40 and a 200-day moving average of $26.20.

iShares Inflation Hedged Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, November 4th were paid a $0.1002 dividend. The ex-dividend date was Monday, November 4th. This is a boost from iShares Inflation Hedged Corporate Bond ETF’s previous dividend of $0.10.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Strategic Financial Concepts LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 2,340.4% in the second quarter. Strategic Financial Concepts LLC now owns 233,721 shares of the company’s stock worth $60,000 after purchasing an additional 224,144 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 14.0% in the 3rd quarter. MML Investors Services LLC now owns 80,005 shares of the company’s stock worth $2,145,000 after purchasing an additional 9,847 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 9.8% in the second quarter. Envestnet Asset Management Inc. now owns 73,096 shares of the company’s stock worth $1,891,000 after buying an additional 6,550 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 117.1% in the third quarter. Jane Street Group LLC now owns 44,647 shares of the company’s stock worth $1,197,000 after buying an additional 24,080 shares during the last quarter.

About iShares Inflation Hedged Corporate Bond ETF

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.