L & S Advisors Inc purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,944 shares of the exchange traded fund’s stock, valued at approximately $2,087,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. iA Global Asset Management Inc. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 33.0% in the 4th quarter. iA Global Asset Management Inc. now owns 600,200 shares of the exchange traded fund’s stock valued at $66,136,000 after buying an additional 149,000 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 12.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 333,093 shares of the exchange traded fund’s stock valued at $36,704,000 after buying an additional 36,415 shares during the period. Western Wealth Management LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.4% in the 4th quarter. Western Wealth Management LLC now owns 2,620 shares of the exchange traded fund’s stock valued at $289,000 after buying an additional 349 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at about $230,000. Finally, Cheviot Value Management LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% in the 4th quarter. Cheviot Value Management LLC now owns 319,299 shares of the exchange traded fund’s stock valued at $35,330,000 after purchasing an additional 24,656 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.
iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance
NYSEARCA LQD opened at $107.86 on Monday. The firm has a market capitalization of $30.57 billion, a P/E ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $105.39 and a 1-year high of $112.93. The business’s 50-day simple moving average is $109.10 and its 200-day simple moving average is $110.24.
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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.
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