Fisher Asset Management LLC Sells 569,883 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Fisher Asset Management LLC trimmed its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,504,232 shares of the exchange traded fund’s stock after selling 569,883 shares during the period. Fisher Asset Management LLC owned approximately 1.26% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $374,392,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Rosenberg Matthew Hamilton grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% during the third quarter. Rosenberg Matthew Hamilton now owns 1,068 shares of the exchange traded fund’s stock valued at $121,000 after buying an additional 263 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 5,502 shares of the exchange traded fund’s stock valued at $622,000 after purchasing an additional 98 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 70,648 shares of the exchange traded fund’s stock valued at $7,982,000 after purchasing an additional 17,437 shares during the last quarter. Innealta Capital LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 83,314.9% during the 3rd quarter. Innealta Capital LLC now owns 55,888 shares of the exchange traded fund’s stock worth $6,314,000 after purchasing an additional 55,821 shares in the last quarter. Finally, United Advisor Group LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth approximately $240,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.4 %

Shares of NYSEARCA:LQD opened at $109.61 on Friday. The stock has a market cap of $30.95 billion, a price-to-earnings ratio of 33.07 and a beta of 0.43. The business’s 50 day moving average is $107.27 and its 200 day moving average is $109.48. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07.

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.