Keystone Global Partners LLC Decreases Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Keystone Global Partners LLC lowered its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 12.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,789 shares of the exchange traded fund’s stock after selling 7,957 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up about 2.7% of Keystone Global Partners LLC’s investment portfolio, making the stock its 12th biggest position. Keystone Global Partners LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $6,147,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of LQD. Leuthold Group LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth $445,000. Cheviot Value Management LLC increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.0% in the second quarter. Cheviot Value Management LLC now owns 258,320 shares of the exchange traded fund’s stock valued at $28,263,000 after buying an additional 14,727 shares in the last quarter. Cary Street Partners Financial LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 31,383 shares of the exchange traded fund’s stock worth $3,440,000 after buying an additional 308 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth $288,000. Finally, NewEdge Advisors LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 50.5% in the 2nd quarter. NewEdge Advisors LLC now owns 52,109 shares of the exchange traded fund’s stock worth $5,712,000 after buying an additional 17,493 shares in the last quarter. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $107.62 on Monday. The stock has a market cap of $27.76 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $103.45 and a 52 week high of $112.93. The company’s 50-day moving average price is $110.28 and its 200 day moving average price is $110.87.

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.