Horizon Investments LLC Lowers Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Horizon Investments LLC lowered its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,939 shares of the exchange traded fund’s stock after selling 358 shares during the quarter. Horizon Investments LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $3,187,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Continuum Advisory LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock valued at $211,000 after purchasing an additional 124 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,849 shares of the exchange traded fund’s stock valued at $322,000 after buying an additional 217 shares during the period. Quent Capital LLC boosted its stake in shares of 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 valued at $79,000 after buying an additional 277 shares in the last quarter. Mount Lucas Management LP grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.5% during the fourth quarter. Mount Lucas Management LP now owns 6,983 shares of the exchange traded fund’s stock worth $746,000 after acquiring an additional 302 shares during the period. Finally, Caitlin John LLC raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.6% in the fourth quarter. Caitlin John LLC now owns 3,990 shares of the exchange traded fund’s stock worth $426,000 after acquiring an additional 316 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $108.43 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07. The firm has a market capitalization of $30.39 billion, a P/E ratio of 32.64 and a beta of 0.45. The company’s fifty day moving average is $107.67 and its two-hundred day moving average is $109.19.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company 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.