Leo Wealth LLC Purchases Shares of 193,518 iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

Leo Wealth LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 193,518 shares of the company’s stock, valued at approximately $18,036,000. iShares Interest Rate Hedged Corporate Bond ETF makes up about 1.9% of Leo Wealth LLC’s holdings, making the stock its 10th largest position. Leo Wealth LLC owned about 6.56% of iShares Interest Rate Hedged Corporate Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Beacon Financial Group acquired a new position in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at about $11,484,000. Scotia Capital Inc. boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 1.9% in the 4th quarter. Scotia Capital Inc. now owns 55,554 shares of the company’s stock valued at $5,171,000 after purchasing an additional 1,011 shares in the last quarter. KFG Wealth Management LLC boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 9.4% in the 4th quarter. KFG Wealth Management LLC now owns 55,144 shares of the company’s stock valued at $5,133,000 after purchasing an additional 4,738 shares in the last quarter. Capital Investment Advisory Services LLC boosted its holdings in iShares Interest Rate Hedged Corporate Bond ETF by 6.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 27,897 shares of the company’s stock valued at $2,597,000 after purchasing an additional 1,651 shares in the last quarter. Finally, Sharkey Howes & Javer purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 4th quarter valued at approximately $1,455,000.

iShares Interest Rate Hedged Corporate Bond ETF Price Performance

Shares of NYSEARCA:LQDH traded down $0.04 during trading on Monday, hitting $93.00. 42,847 shares of the stock were exchanged, compared to its average volume of 23,664. The company has a fifty day moving average price of $93.72 and a two-hundred day moving average price of $93.60. iShares Interest Rate Hedged Corporate Bond ETF has a 12-month low of $91.23 and a 12-month high of $94.37.

iShares Interest Rate Hedged Corporate Bond ETF 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.