iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Trading Down 0% – Should You Sell?

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) shares fell 0% on Monday . The company traded as low as $26.04 and last traded at $26.12. 6,531 shares were traded during mid-day trading, The stock had previously closed at $26.13.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

The company has a fifty day simple moving average of $26.57 and a 200-day simple moving average of $26.11.

Institutional Trading of iShares Inflation Hedged Corporate Bond ETF

Several hedge funds have recently bought and sold shares of LQDI. Avantax Advisory Services Inc. lifted its position in shares of iShares Inflation Hedged Corporate Bond ETF by 15.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 61,337 shares of the company’s stock valued at $1,604,000 after buying an additional 8,256 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in iShares Inflation Hedged Corporate Bond ETF by 2,340.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 233,721 shares of the company’s stock worth $60,000 after acquiring an additional 224,144 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Inflation Hedged Corporate Bond ETF by 9.8% during the second quarter. Envestnet Asset Management Inc. now owns 73,096 shares of the company’s stock valued at $1,891,000 after purchasing an additional 6,550 shares in the last quarter.

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.