Crestwood Advisors Group LLC Decreases Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Crestwood Advisors Group LLC decreased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,899 shares of the exchange traded fund’s stock after selling 317 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $737,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mascoma Wealth Management LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at about $47,000. PSI Advisors LLC increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% in the fourth quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock valued at $75,000 after acquiring an additional 520 shares during the period. Quent Capital LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% in the fourth quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 277 shares during the period. Rosenberg Matthew Hamilton lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% in the third quarter. Rosenberg Matthew Hamilton now owns 1,068 shares of the exchange traded fund’s stock worth $121,000 after acquiring an additional 263 shares during the period. Finally, Adirondack Trust Co. lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% in the fourth quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock worth $122,000 after acquiring an additional 424 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.8 %

Shares of LQD stock opened at $109.36 on Wednesday. The stock has a fifty day moving average of $107.11 and a 200 day moving average of $109.49. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $104.14 and a 52 week high of $114.07. The firm has a market capitalization of $30.88 billion, a price-to-earnings ratio of 33.07 and a beta of 0.43.

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.