Golden State Wealth Management LLC Sells 872 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Golden State Wealth Management LLC cut its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 56.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 682 shares of the exchange traded fund’s stock after selling 872 shares during the period. Golden State Wealth Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $75,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of LQD. NYL Investors LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 442.2% during the first quarter. NYL Investors LLC now owns 7,794,361 shares of the exchange traded fund’s stock worth $847,169,000 after acquiring an additional 6,356,835 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 51.7% during the 1st quarter. Ameriprise Financial Inc. now owns 6,859,875 shares of the exchange traded fund’s stock valued at $744,605,000 after purchasing an additional 2,339,039 shares during the period. MetLife Investment Management LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% during the 1st quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock worth $103,610,000 after purchasing an additional 915,760 shares in the last quarter. Cheviot Value Management LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter worth about $26,006,000. Finally, Money Design Co. Ltd. boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.1% in the 2nd quarter. Money Design Co. Ltd. now owns 1,558,854 shares of the exchange traded fund’s stock worth $170,866,000 after purchasing an additional 89,453 shares during the period. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of LQD opened at $110.71 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month high of $112.93. The stock has a market cap of $32.01 billion, a PE ratio of 32.25 and a beta of 0.46. The business’s 50-day moving average price is $111.56 and its 200-day moving average price is $109.43.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.