CI Investments Inc. boosted its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 15.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 208,000 shares of the exchange traded fund’s stock after buying an additional 27,200 shares during the quarter. CI Investments Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $25,066,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of LQD. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 81.6% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock valued at $112,000 after purchasing an additional 421 shares in the last quarter. Forward Management LLC purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at approximately $137,000. Portfolio Strategies Inc purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at approximately $184,000. Oppenheimer Asset Management Inc. increased its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.2% during 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 in the last quarter. Finally, Burney Co. purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at approximately $202,000.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) traded down 0.30% during trading on Friday, hitting $121.24. 6,776,599 shares of the stock traded hands. iShares IBoxx $ Invest Grade Corp Bd Fd has a 12 month low of $115.55 and a 12 month high of $123.51. The firm’s 50-day moving average is $120.95 and its 200-day moving average is $119.51. iShares IBoxx $ Invest Grade Corp Bd Fd also was the target of unusually large options trading on Wednesday. Stock traders bought 10,004 put options on the stock. This represents an increase of approximately 145% compared to the typical volume of 4,076 put options.

The business also recently declared a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Wednesday, September 6th were paid a dividend of $0.3202 per share. This represents a $3.84 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend was Friday, September 1st. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32.

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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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