Fisher Asset Management LLC Decreases Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Fisher Asset Management LLC decreased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 12.2% in the fourth quarter, HoldingsChannel reports. The fund owned 1,954,244 shares of the exchange traded fund’s stock after selling 271,603 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $215,338,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EQ Wealth Advisors LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $41,000. Ares Financial Consulting LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $51,000. Imprint Wealth LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter valued at approximately $93,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $109,000. Finally, Olistico Wealth LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $116,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA:LQD opened at $108.37 on Tuesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $106.09 and a 52 week high of $112.93. The firm has a 50 day moving average of $108.86 and a 200 day moving average of $110.09. The stock has a market capitalization of $30.71 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44.

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