iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Trading Down 0% – What’s Next?

Shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) dropped 0% on Thursday . The company traded as low as $25.84 and last traded at $25.89. 7,384 shares traded hands during trading, a decline of 18% from the average daily volume of 9,059 shares. The stock had previously closed at $25.90.

iShares Inflation Hedged Corporate Bond ETF Trading Down 0.0%

The company’s 50-day simple moving average is $25.96 and its 200 day simple moving average is $26.24.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

Several large investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter worth $141,000. Jane Street Group LLC acquired a new stake in shares of iShares Inflation Hedged Corporate Bond ETF in the 2nd quarter worth $472,000. MML Investors Services LLC increased its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 16.3% in the 2nd quarter. MML Investors Services LLC now owns 249,911 shares of the company’s stock valued at $6,580,000 after purchasing an additional 35,028 shares in the last quarter. Osaic Holdings Inc. grew its stake in iShares Inflation Hedged Corporate Bond ETF by 537.1% in the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock valued at $133,000 after acquiring an additional 4,254 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 39.3% in the third quarter. Bank of America Corp DE now owns 8,702 shares of the company’s stock worth $234,000 after acquiring an additional 2,455 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. LQDI was launched on May 8, 2018 and is managed by BlackRock.