Planned Solutions Inc. Acquires New Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Planned Solutions Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the fourth quarter, Holdings Channel reports. The institutional investor bought 3,942 shares of the exchange traded fund’s stock, valued at approximately $436,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of LQD. E Fund Management Hong Kong Co. Ltd. acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter worth about $917,000. Baird Financial Group Inc. increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 36.8% in the 1st quarter. Baird Financial Group Inc. now owns 199,030 shares of the exchange traded fund’s stock valued at $24,071,000 after acquiring an additional 53,585 shares during the last quarter. Clearbridge Investments LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 19.3% in the 1st quarter. Clearbridge Investments LLC now owns 35,975 shares of the exchange traded fund’s stock valued at $4,351,000 after purchasing an additional 5,827 shares during the last quarter. West Michigan Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the first quarter worth $222,000. Finally, Easterly Investment Partners LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 20.5% during the first quarter. Easterly Investment Partners LLC now owns 78,338 shares of the exchange traded fund’s stock worth $9,474,000 after purchasing an additional 13,338 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.7 %

NYSEARCA LQD opened at $109.02 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $98.24 and a 12 month high of $111.40. The company’s fifty day moving average price is $108.44 and its two-hundred day moving average price is $106.12.

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.