Wedgewood Investors Inc. PA Takes Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Wedgewood Investors Inc. PA purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,048 shares of the exchange traded fund’s stock, valued at approximately $219,000.

A number of other large investors have also modified their holdings of LQD. Thompson Investment Management Inc. lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 95.7% in the 1st quarter. Thompson Investment Management Inc. now owns 225 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 110 shares during the last quarter. ORG Partners LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at $28,000. PSI Advisors LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $46,000. Finally, Trust Co. of Vermont purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $50,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.6 %

LQD traded up $0.64 during trading on Friday, hitting $112.17. 22,650,181 shares of the stock were exchanged, compared to its average volume of 27,386,004. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $98.24 and a 1-year high of $112.29. The stock has a fifty day moving average price of $109.03 and a two-hundred day moving average price of $107.82.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.