Truist Financial Corp Decreases Stake in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Truist Financial Corp lessened its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 2.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,116 shares of the company’s stock after selling 381 shares during the quarter. Truist Financial Corp owned about 0.27% of iShares Interest Rate Hedged Corporate Bond ETF worth $1,304,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 10.0% during the 1st quarter. LPL Financial LLC now owns 272,567 shares of the company’s stock worth $25,150,000 after acquiring an additional 24,791 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the first quarter valued at $23,195,000. Assetmark Inc. raised its stake in iShares Interest Rate Hedged Corporate Bond ETF by 26.6% during the first quarter. Assetmark Inc. now owns 228,454 shares of the company’s stock valued at $21,079,000 after purchasing an additional 47,981 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Interest Rate Hedged Corporate Bond ETF by 136.8% during the first quarter. Envestnet Asset Management Inc. now owns 214,183 shares of the company’s stock valued at $19,763,000 after purchasing an additional 123,741 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 1.4% in the 1st quarter. Capital Investment Advisory Services LLC now owns 101,778 shares of the company’s stock worth $9,391,000 after buying an additional 1,417 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

iShares Interest Rate Hedged Corporate Bond ETF stock opened at $92.73 on Monday. The company’s 50-day moving average price is $93.04 and its 200-day moving average price is $92.16. iShares Interest Rate Hedged Corporate Bond ETF has a twelve month low of $88.08 and a twelve month high of $94.44.

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.