City State Bank Acquires 500 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

City State Bank raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 7.2% in the second quarter, HoldingsChannel reports. The firm owned 7,410 shares of the exchange traded fund’s stock after buying an additional 500 shares during the quarter. City State Bank’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $812,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cullen Frost Bankers Inc. grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,496 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 92 shares during the period. Western Wealth Management LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.4% during the 1st quarter. Western Wealth Management LLC now owns 4,332 shares of the exchange traded fund’s stock worth $471,000 after acquiring an additional 102 shares during the period. Strategic Blueprint LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.1% during the 1st quarter. Strategic Blueprint LLC now owns 8,238 shares of the exchange traded fund’s stock worth $895,000 after acquiring an additional 170 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.0% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,177 shares of the exchange traded fund’s stock worth $677,000 after buying an additional 238 shares during the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $27,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.2%

iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $112.72 on Friday. The company has a market capitalization of $32.68 billion, a P/E ratio of 32.25 and a beta of 0.33. The stock’s 50 day moving average is $111.24 and its 200 day moving average is $109.02. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month high of $112.89.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile

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.