Able Wealth Management LLC Has $753,000 Stock Holdings in iShares Interest Rate Hedged Corporate Bond ETF $LQDH

Able Wealth Management LLC trimmed its holdings in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 48.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,153 shares of the company’s stock after selling 7,631 shares during the period. Able Wealth Management LLC owned 0.15% of iShares Interest Rate Hedged Corporate Bond ETF worth $753,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Spire Wealth Management boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 784.4% in the fourth quarter. Spire Wealth Management now owns 283 shares of the company’s stock worth $26,000 after purchasing an additional 251 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in iShares Interest Rate Hedged Corporate Bond ETF during the fourth quarter valued at about $42,000. Kestra Advisory Services LLC acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the fourth quarter worth about $119,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares Interest Rate Hedged Corporate Bond ETF in the second quarter worth about $135,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Interest Rate Hedged Corporate Bond ETF by 25.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,712 shares of the company’s stock worth $160,000 after acquiring an additional 348 shares in the last quarter.

iShares Interest Rate Hedged Corporate Bond ETF Trading Up 0.1%

LQDH opened at $93.20 on Thursday. The stock has a 50-day moving average of $93.15 and a 200-day moving average of $93.04. iShares Interest Rate Hedged Corporate Bond ETF has a 52-week low of $91.15 and a 52-week high of $94.38.

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. LQDH was launched on May 27, 2014 and is managed by BlackRock.