Sandhill Capital Partners LLC Acquires Shares of 2,139 iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Sandhill Capital Partners LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, HoldingsChannel.com reports. The fund bought 2,139 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Other hedge funds also recently modified their holdings of the company. Financial Engines Advisors L.L.C. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 10,628,017 shares of the exchange traded fund’s stock worth $1,084,270,000 after acquiring an additional 139,522 shares during the period. NYL Investors LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.7% during the third quarter. NYL Investors LLC now owns 9,076,081 shares of the exchange traded fund’s stock worth $925,942,000 after acquiring an additional 950,400 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.4% during the third quarter. Ameriprise Financial Inc. now owns 6,384,727 shares of the exchange traded fund’s stock worth $651,400,000 after acquiring an additional 2,194,321 shares during the period. Money Design Co. Ltd. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 40.9% during the fourth quarter. Money Design Co. Ltd. now owns 970,018 shares of the exchange traded fund’s stock worth $107,342,000 after acquiring an additional 281,460 shares during the period. Finally, Country Trust Bank lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.8% during the fourth quarter. Country Trust Bank now owns 664,623 shares of the exchange traded fund’s stock worth $73,547,000 after acquiring an additional 36,600 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock traded down $0.31 during mid-day trading on Thursday, reaching $104.74. 29,826,535 shares of the company’s stock were exchanged, compared to its average volume of 30,752,309. The business’s fifty day simple moving average is $107.41 and its 200 day simple moving average is $106.65. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $98.24 and a one year high of $111.40.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States.