Nvwm LLC Has $7.64 Million Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Nvwm LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,735 shares of the exchange traded fund’s stock after acquiring an additional 8,908 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for approximately 1.8% of Nvwm LLC’s holdings, making the stock its 10th largest position. Nvwm LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $30,000. Advisors Preferred LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $1,759,000. Bank of Jackson Hole Trust acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth approximately $49,000. Providence First Trust Co grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.4% in the 2nd quarter. Providence First Trust Co now owns 125,355 shares of the exchange traded fund’s stock worth $13,740,000 after buying an additional 511 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 18.4% in the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 1,143 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 178 shares in the last quarter. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of LQD stock opened at $110.93 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $103.45 and a 1 year high of $112.93. The firm has a market capitalization of $32.07 billion, a PE ratio of 32.25 and a beta of 0.46. The stock has a fifty day moving average of $111.54 and a two-hundred day moving average of $109.37.

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.