Envestnet Asset Management Inc. Has $7.42 Million Stock Holdings in iShares Inflation Hedged Corporate Bond ETF $LQDI

Envestnet Asset Management Inc. increased its stake in shares of iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) by 10.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 275,682 shares of the company’s stock after buying an additional 25,663 shares during the period. Envestnet Asset Management Inc. owned 0.08% of iShares Inflation Hedged Corporate Bond ETF worth $7,419,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LQDI. ABLE Financial Group LLC boosted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 6.4% during the third quarter. ABLE Financial Group LLC now owns 9,372 shares of the company’s stock worth $252,000 after acquiring an additional 562 shares during the period. Osaic Holdings Inc. lifted its holdings in iShares Inflation Hedged Corporate Bond ETF by 537.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,046 shares of the company’s stock worth $133,000 after purchasing an additional 4,254 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares Inflation Hedged Corporate Bond ETF in the 2nd quarter valued at $141,000. Avantax Advisory Services Inc. grew its holdings in iShares Inflation Hedged Corporate Bond ETF by 7.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 107,303 shares of the company’s stock valued at $2,825,000 after buying an additional 7,091 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in iShares Inflation Hedged Corporate Bond ETF during the 2nd quarter worth $472,000.

iShares Inflation Hedged Corporate Bond ETF Price Performance

LQDI opened at $26.66 on Friday. The stock has a fifty day moving average of $26.54 and a 200-day moving average of $26.68. iShares Inflation Hedged Corporate Bond ETF has a fifty-two week low of $24.64 and a fifty-two week high of $27.20.

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.