Fifth Third Securities Inc. Increases Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Fifth Third Securities Inc. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 61.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 49,748 shares of the exchange traded fund’s stock after buying an additional 18,953 shares during the period. Fifth Third Securities Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $5,315,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LQD. Mascoma Wealth Management LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $47,000. Quent Capital LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% during the third quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 414 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth $55,000. Aspect Partners LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at $65,000. Finally, PSI Advisors LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% during the 4th quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 520 shares in the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of LQD stock opened at $107.81 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $104.14 and a 1-year high of $114.07. The firm has a fifty day moving average of $107.84 and a two-hundred day moving average of $109.65.

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.