First Horizon Advisors Inc. Acquires Shares of 480 iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

First Horizon Advisors Inc. bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 480 shares of the company’s stock, valued at approximately $45,000.

A number of other institutional investors have also modified their holdings of the stock. Prime Capital Investment Advisors LLC grew its position in iShares Interest Rate Hedged Corporate Bond ETF by 11.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 35,962 shares of the company’s stock valued at $3,346,000 after buying an additional 3,656 shares during the last quarter. Assetmark Inc. lifted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 382.9% in the 3rd quarter. Assetmark Inc. now owns 181,766 shares of the company’s stock worth $16,914,000 after acquiring an additional 144,126 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 45.2% in the third quarter. Janney Montgomery Scott LLC now owns 19,183 shares of the company’s stock valued at $1,785,000 after acquiring an additional 5,974 shares in the last quarter. Leo Wealth LLC increased its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.6% during the third quarter. Leo Wealth LLC now owns 217,240 shares of the company’s stock worth $20,215,000 after acquiring an additional 9,472 shares during the period. Finally, Foundations Investment Advisors LLC raised its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 14.5% during the third quarter. Foundations Investment Advisors LLC now owns 48,487 shares of the company’s stock worth $4,512,000 after purchasing an additional 6,154 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of NYSEARCA:LQDH opened at $93.22 on Monday. The company has a 50-day moving average price of $93.07 and a 200 day moving average price of $92.95. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $90.46 and a 52 week high of $94.37.

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.