TrustBank acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 117,973 shares of the exchange traded fund’s stock, valued at approximately $12,999,000. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up approximately 5.4% of TrustBank’s portfolio, making the stock its 4th largest position.
A number of other institutional investors and hedge funds have also made changes to their positions in LQD. Penn Mutual Asset Management purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $142,182,000. BNP Paribas grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 72.5% in the 3rd quarter. BNP Paribas now owns 2,064,255 shares of the exchange traded fund’s stock worth $230,103,000 after buying an additional 867,401 shares in the last quarter. Payden & Rygel purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $51,172,000. American Family Investments Inc. purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth $25,210,000. Finally, Farther Finance Advisors LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 54.5% in the 4th quarter. Farther Finance Advisors LLC now owns 472,813 shares of the exchange traded fund’s stock worth $52,099,000 after buying an additional 166,701 shares in the last quarter. 89.30% of the stock is owned by hedge funds and other institutional investors.
iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.4%
Shares of NYSEARCA:LQD opened at $108.78 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $106.52 and a 52 week high of $112.93. The stock has a market capitalization of $30.83 billion, a P/E ratio of 32.25 and a beta of 0.44. The firm has a fifty day simple moving average of $108.88 and a two-hundred day simple moving average of $110.07.
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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.
Featured Stories
- Five stocks we like better than iShares iBoxx $ Investment Grade Corporate Bond ETF
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report).
Receive News & Ratings for iShares iBoxx $ Investment Grade Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ Investment Grade Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
