Cambridge Investment Research Advisors Inc. Buys 9,829 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Cambridge Investment Research Advisors Inc. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 4.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 233,236 shares of the exchange traded fund’s stock after purchasing an additional 9,829 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.07% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $25,810,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.4% in the third quarter. Ameriprise Financial Inc. now owns 6,384,727 shares of the exchange traded fund’s stock worth $651,400,000 after purchasing an additional 2,194,321 shares during the last quarter. NYL Investors LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.7% during the third quarter. NYL Investors LLC now owns 9,076,081 shares of the exchange traded fund’s stock valued at $925,942,000 after acquiring an additional 950,400 shares in the last quarter. Money Design Co. Ltd. lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 40.9% in the fourth quarter. Money Design Co. Ltd. now owns 970,018 shares of the exchange traded fund’s stock worth $107,342,000 after acquiring an additional 281,460 shares during the period. Janney Montgomery Scott LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 491.5% in the third quarter. Janney Montgomery Scott LLC now owns 320,463 shares of the exchange traded fund’s stock valued at $32,694,000 after acquiring an additional 266,282 shares in the last quarter. Finally, Allstate Corp bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter worth $25,887,000. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of NYSEARCA LQD traded up $0.24 during midday trading on Friday, hitting $106.93. 8,630,085 shares of the company traded hands, compared to its average volume of 28,980,178. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $98.24 and a 12-month high of $111.40. The stock has a 50-day moving average price of $106.71 and a 200 day moving average price of $107.51.

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.