Northern Capital Management LLC lessened its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 8.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,291 shares of the exchange traded fund’s stock after selling 3,820 shares during the period. iShares IBoxx $ Invest Grade Corp Bd Fd accounts for about 1.8% of Northern Capital Management LLC’s investment portfolio, making the stock its 6th largest position. Northern Capital Management LLC’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $4,976,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in LQD. Newman Dignan & Sheerar Inc. lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 0.6% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 2,648 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 16 shares during the last quarter. Weatherly Asset Management L. P. lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 1.4% in the 2nd quarter. Weatherly Asset Management L. P. now owns 2,537 shares of the exchange traded fund’s stock valued at $306,000 after purchasing an additional 34 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.2% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 1,562 shares of the exchange traded fund’s stock valued at $188,000 after purchasing an additional 34 shares during the last quarter. Smith Salley & Associates lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 1.3% in the 2nd quarter. Smith Salley & Associates now owns 9,948 shares of the exchange traded fund’s stock valued at $1,199,000 after purchasing an additional 124 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.7% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 6,353 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 165 shares during the last quarter.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) traded down 0.40% during midday trading on Friday, hitting $120.81. 7,945,950 shares of the company traded hands. iShares IBoxx $ Invest Grade Corp Bd Fd has a 12-month low of $115.55 and a 12-month high of $124.04. The stock’s 50-day moving average is $120.91 and its 200-day moving average is $119.39.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 8th. Investors of record on Wednesday, September 6th will be issued a dividend of $0.3202 per share. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32. The ex-dividend date is Friday, September 1st. This represents a $3.84 annualized dividend and a yield of 3.18%.

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About iShares IBoxx $ Invest Grade Corp Bd Fd

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.

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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