iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Shares Cross Above 200 Day Moving Average – Here’s What Happened

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.20 and traded as high as $26.34. iShares Inflation Hedged Corporate Bond ETF shares last traded at $26.34, with a volume of 513 shares changing hands.

iShares Inflation Hedged Corporate Bond ETF Stock Up 0.5 %

The business has a fifty day moving average price of $26.39 and a two-hundred day moving average price of $26.21.

iShares Inflation Hedged Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, November 7th. Shareholders of record on Monday, November 4th were paid a dividend of $0.1002 per share. The ex-dividend date was Monday, November 4th. This is a positive change from iShares Inflation Hedged Corporate Bond ETF’s previous dividend of $0.10.

Hedge Funds Weigh In On iShares Inflation Hedged Corporate Bond ETF

A number of hedge funds have recently modified their holdings of LQDI. Strategic Financial Concepts LLC boosted its position in iShares Inflation Hedged Corporate Bond ETF by 2,340.4% during the second quarter. Strategic Financial Concepts LLC now owns 233,721 shares of the company’s stock valued at $60,000 after purchasing an additional 224,144 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 14.0% during the 3rd quarter. MML Investors Services LLC now owns 80,005 shares of the company’s stock valued at $2,145,000 after buying an additional 9,847 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 9.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 73,096 shares of the company’s stock valued at $1,891,000 after buying an additional 6,550 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in iShares Inflation Hedged Corporate Bond ETF by 117.1% in the third quarter. Jane Street Group LLC now owns 44,647 shares of the company’s stock worth $1,197,000 after buying an additional 24,080 shares during the last quarter.

iShares Inflation Hedged Corporate Bond ETF Company Profile

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.