Envestnet Asset Management Inc. Has $40.37 Million Holdings in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Envestnet Asset Management Inc. raised its holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 9.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 431,504 shares of the company’s stock after purchasing an additional 35,992 shares during the quarter. Envestnet Asset Management Inc. owned 0.08% of iShares Interest Rate Hedged Corporate Bond ETF worth $40,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Cetera Investment Advisers increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 84.3% during the 2nd quarter. Cetera Investment Advisers now owns 19,412 shares of the company’s stock worth $1,794,000 after acquiring an additional 8,880 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 42.6% during the 2nd quarter. Osaic Holdings Inc. now owns 66,969 shares of the company’s stock valued at $6,186,000 after purchasing an additional 20,009 shares during the last quarter. Able Wealth Management LLC boosted its position in iShares Interest Rate Hedged Corporate Bond ETF by 18.1% during the second quarter. Able Wealth Management LLC now owns 13,841 shares of the company’s stock worth $1,279,000 after purchasing an additional 2,126 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 45.6% in the second quarter. Rockefeller Capital Management L.P. now owns 29,241 shares of the company’s stock valued at $2,702,000 after purchasing an additional 9,154 shares during the last quarter. Finally, Scotia Capital Inc. raised its position in shares of iShares Interest Rate Hedged Corporate Bond ETF by 8.9% in the second quarter. Scotia Capital Inc. now owns 125,967 shares of the company’s stock valued at $11,639,000 after purchasing an additional 10,294 shares during the period.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

NYSEARCA LQDH opened at $93.15 on Wednesday. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $88.08 and a 52-week high of $94.44. The firm has a 50-day moving average of $93.54 and a 200-day moving average of $93.25.

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.