Beacon Financial Group Has $7.94 Million Stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Beacon Financial Group cut its position in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,661 shares of the company’s stock after selling 12,224 shares during the quarter. iShares Interest Rate Hedged Corporate Bond ETF comprises about 0.9% of Beacon Financial Group’s holdings, making the stock its 27th largest position. Beacon Financial Group’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $7,944,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth about $372,000. Park Avenue Securities LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the third quarter worth approximately $254,000. GFG Capital LLC bought a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the third quarter worth approximately $2,406,000. Foundations Investment Advisors LLC lifted its stake in iShares Interest Rate Hedged Corporate Bond ETF by 14.5% in the third quarter. Foundations Investment Advisors LLC now owns 48,487 shares of the company’s stock valued at $4,512,000 after buying an additional 6,154 shares during the period. Finally, Leo Wealth LLC boosted its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF by 4.6% during the 3rd quarter. Leo Wealth LLC now owns 217,240 shares of the company’s stock worth $20,215,000 after buying an additional 9,472 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Stock Up 0.1 %

Shares of LQDH stock opened at $93.49 on Wednesday. iShares Interest Rate Hedged Corporate Bond ETF has a 52 week low of $90.46 and a 52 week high of $94.30. The firm has a 50 day moving average of $93.17 and a 200-day moving average of $92.89.

iShares Interest Rate Hedged Corporate Bond ETF Company Profile

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.