MML Investors Services LLC Raises Stock Position in iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)

MML Investors Services LLC grew its stake in shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 14.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,005 shares of the company’s stock after acquiring an additional 9,847 shares during the period. MML Investors Services LLC’s holdings in iShares Inflation Hedged Corporate Bond ETF were worth $2,145,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC raised its holdings in iShares Inflation Hedged Corporate Bond ETF by 2,340.4% during the second quarter. Strategic Financial Concepts LLC now owns 233,721 shares of the company’s stock worth $60,000 after purchasing an additional 224,144 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares Inflation Hedged Corporate Bond ETF by 9.8% in the second quarter. Envestnet Asset Management Inc. now owns 73,096 shares of the company’s stock valued at $1,891,000 after buying an additional 6,550 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 117.1% during the 3rd quarter. Jane Street Group LLC now owns 44,647 shares of the company’s stock worth $1,197,000 after buying an additional 24,080 shares during the last quarter.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

iShares Inflation Hedged Corporate Bond ETF stock opened at $26.06 on Tuesday. The stock has a 50 day simple moving average of $26.29 and a 200-day simple moving average of $26.25.

iShares Inflation Hedged Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, November 4th were issued a $0.1002 dividend. The ex-dividend date was Monday, November 4th. This is an increase from iShares Inflation Hedged Corporate Bond ETF’s previous dividend of $0.10.

iShares Inflation Hedged Corporate Bond ETF Profile

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.