iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $105.94 and last traded at $105.95, with a volume of 21633391 shares. The stock had previously closed at $106.55.
iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance
The firm has a market capitalization of $32.78 billion, a PE ratio of 32.25 and a beta of 0.44. The business’s fifty day simple moving average is $107.92 and its 200-day simple moving average is $109.06.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth about $32,000. Jessup Wealth Management Inc bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $33,000. Comprehensive Financial Planning Inc. PA grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% during the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 214 shares in the last quarter. EQ Wealth Advisors LLC purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $41,000. Finally, Park National Corp OH purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 1st quarter worth approximately $43,000. Institutional investors own 89.30% of the company’s stock.
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. 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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