Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 575 shares of the exchange traded fund’s stock, valued at approximately $61,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. NYL Investors LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% during the 3rd quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock worth $1,007,409,000 after acquiring an additional 1,124,415 shares during the last quarter. Empower Annuity Insurance Co acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth about $277,575,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after buying an additional 1,961,934 shares during the period. Money Design Co. Ltd. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.3% during the 4th quarter. Money Design Co. Ltd. now owns 1,470,231 shares of the exchange traded fund’s stock worth $157,476,000 after buying an additional 60,163 shares during the period. Finally, BNP Paribas lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% during the 3rd quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock worth $163,352,000 after buying an additional 1,303,725 shares during the period. Institutional investors own 89.30% of the company’s stock.
iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1 %
Shares of LQD opened at $109.54 on Tuesday. The company has a market capitalization of $30.93 billion, a PE ratio of 33.07 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $104.14 and a 12 month high of $114.07. The stock’s 50-day moving average price is $107.32 and its two-hundred day moving average price is $109.45.
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.
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