Wheelhouse Advisory Group LLC Invests $362,000 in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Wheelhouse Advisory Group LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,271 shares of the exchange traded fund’s stock, valued at approximately $362,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 0.3% of Wheelhouse Advisory Group LLC’s portfolio, making the stock its 28th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in LQD. E Fund Management Hong Kong Co. Ltd. bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $917,000. Baird Financial Group Inc. lifted its stake in 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 purchasing an additional 53,585 shares during the last quarter. Clearbridge Investments LLC lifted its stake in 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 bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $222,000. Finally, Easterly Investment Partners LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 20.5% in the 1st quarter. Easterly Investment Partners LLC now owns 78,338 shares of the exchange traded fund’s stock valued at $9,474,000 after purchasing an additional 13,338 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of LQD stock traded up $0.14 during trading hours on Friday, hitting $105.04. 11,127,683 shares of the company’s stock traded hands, compared to its average volume of 30,820,795. The stock’s 50 day simple moving average is $107.61 and its 200 day simple moving average is $106.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $98.24 and a 12 month high of $111.40.

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.