Fort Washington Investment Advisors Inc. OH purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm purchased 11,530 shares of the exchange traded fund’s stock, valued at approximately $1,178,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Greenleaf Trust bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at $96,795,000. Farther Finance Advisors LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 21.6% during the third quarter. Farther Finance Advisors LLC now owns 1,110,491 shares of the exchange traded fund’s stock worth $113,470,000 after buying an additional 197,445 shares during the last quarter. Oarsman Capital Inc. bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth $95,734,000. Hilltop Holdings Inc. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.7% during the first quarter. Hilltop Holdings Inc. now owns 257,303 shares of the exchange traded fund’s stock worth $28,043,000 after buying an additional 34,847 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6,160.6% in the first quarter. SG Americas Securities LLC now owns 241,595 shares of the exchange traded fund’s stock valued at $26,331,000 after buying an additional 237,736 shares during the period. Institutional investors and hedge funds own 89.30% of the company’s stock.
iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.1%
LQD stock opened at $103.40 on Friday. The firm has a market cap of $29.36 billion, a price-to-earnings ratio of 32.25 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $101.19 and a 12-month high of $112.93. The company’s fifty day simple moving average is $104.53 and its 200 day simple moving average is $107.05.
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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.
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Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report).
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