RPg Family Wealth Advisory LLC Acquires 36,365 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

RPg Family Wealth Advisory LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 1,205.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 39,382 shares of the exchange traded fund’s stock after purchasing an additional 36,365 shares during the period. RPg Family Wealth Advisory LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,295,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $32,000. Jessup Wealth Management Inc purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth about $33,000. Comprehensive Financial Planning Inc. PA lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 214 shares during the period. Park National Corp OH purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at $43,000. Finally, Union Savings Bank purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at about $63,000. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA LQD opened at $106.35 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $105.42 and a 52 week high of $112.93. The company has a 50 day moving average price of $107.17 and a 200 day moving average price of $108.61. The firm has a market cap of $32.90 billion, a PE ratio of 32.25 and a beta of 0.44.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.