iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI) Trading Down 1% – Time to Sell?

iShares Inflation Hedged Corporate Bond ETF (BATS:LQDI)’s share price fell 1% during mid-day trading on Monday . The company traded as low as $26.11 and last traded at $25.95. 3,771 shares changed hands during mid-day trading, The stock had previously closed at $26.23.

iShares Inflation Hedged Corporate Bond ETF Stock Performance

The stock’s 50 day simple moving average is $25.85 and its two-hundred day simple moving average is $26.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in shares of iShares Inflation Hedged Corporate Bond ETF by 1,149.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 116,029 shares of the company’s stock worth $2,952,000 after purchasing an additional 106,739 shares during the period. LPL Financial LLC grew its stake in iShares Inflation Hedged Corporate Bond ETF by 13.4% during the fourth quarter. LPL Financial LLC now owns 413,200 shares of the company’s stock worth $10,514,000 after buying an additional 48,843 shares during the period. MML Investors Services LLC grew its stake in iShares Inflation Hedged Corporate Bond ETF by 30.1% during the fourth quarter. MML Investors Services LLC now owns 104,090 shares of the company’s stock worth $2,649,000 after buying an additional 24,085 shares during the period. Jane Street Group LLC increased its position in shares of 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 acquiring an additional 24,080 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares Inflation Hedged Corporate Bond ETF by 28.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 103,712 shares of the company’s stock valued at $2,639,000 after acquiring an additional 23,081 shares during the period.

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.