MML Investors Services LLC Raises Stake in iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH)

MML Investors Services LLC increased its holdings in shares of iShares Interest Rate Hedged Corporate Bond ETF (NYSEARCA:LQDH) by 88.3% in the third quarter, Holdings Channel reports. The firm owned 27,192 shares of the company’s stock after acquiring an additional 12,751 shares during the period. MML Investors Services LLC’s holdings in iShares Interest Rate Hedged Corporate Bond ETF were worth $2,530,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc grew its stake in iShares Interest Rate Hedged Corporate Bond ETF by 152.2% during the second quarter. Glass Jacobson Investment Advisors llc now owns 401 shares of the company’s stock worth $37,000 after buying an additional 242 shares during the period. First Horizon Advisors Inc. acquired a new position in shares of iShares Interest Rate Hedged Corporate Bond ETF during the 3rd quarter valued at $45,000. Anfield Capital Management LLC purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth $62,000. Centaurus Financial Inc. purchased a new stake in iShares Interest Rate Hedged Corporate Bond ETF during the 2nd quarter worth $114,000. Finally, Park Avenue Securities LLC acquired a new stake in iShares Interest Rate Hedged Corporate Bond ETF in the 3rd quarter valued at $254,000.

iShares Interest Rate Hedged Corporate Bond ETF Stock Performance

Shares of LQDH opened at $93.35 on Monday. iShares Interest Rate Hedged Corporate Bond ETF has a 12 month low of $90.46 and a 12 month high of $94.37. The stock’s 50-day moving average is $93.26 and its two-hundred day moving average is $92.91.

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.