iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Trading Down 0.4%

Shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) dropped 0.4% on Monday . The stock traded as low as $25.70 and last traded at $25.77. Approximately 10,394 shares were traded during trading, The stock had previously closed at $25.86.

iShares Inflation Hedged Corporate Bond ETF Trading Down 0.4 %

The company’s fifty day simple moving average is $25.80 and its two-hundred day simple moving average is $25.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Glass Jacobson Investment Advisors llc bought a new stake in iShares Inflation Hedged Corporate Bond ETF in the 4th quarter valued at about $71,000. International Assets Investment Management LLC bought a new stake in iShares Inflation Hedged Corporate Bond ETF in the 4th quarter valued at about $137,000. Strategic Financial Concepts LLC bought a new stake in iShares Inflation Hedged Corporate Bond ETF in the 1st quarter valued at about $250,000. Raymond James Financial Services Advisors Inc. lifted its position in iShares Inflation Hedged Corporate Bond ETF by 74.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 15,442 shares of the company’s stock valued at $405,000 after purchasing an additional 6,609 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in iShares Inflation Hedged Corporate Bond ETF by 20.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 53,081 shares of the company’s stock valued at $1,393,000 after purchasing an additional 9,159 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.