Bank of New York Mellon Corp increased its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 0.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,226 shares of the exchange traded fund’s stock after buying an additional 212 shares during the period. Bank of New York Mellon Corp’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $9,307,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Canada Pension Plan Investment Board purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $646,392,000. Harbour Capital Advisors LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 11,951.0% during the second quarter. Harbour Capital Advisors LLC now owns 988,061 shares of the exchange traded fund’s stock valued at $8,199,000 after purchasing an additional 979,862 shares in the last quarter. Personal Capital Advisors Corp raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 13.7% during the second quarter. Personal Capital Advisors Corp now owns 821,921 shares of the exchange traded fund’s stock valued at $99,050,000 after purchasing an additional 98,764 shares in the last quarter. Janney Montgomery Scott LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 12.1% during the second quarter. Janney Montgomery Scott LLC now owns 553,873 shares of the exchange traded fund’s stock valued at $66,747,000 after purchasing an additional 59,805 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $48,204,000.

TRADEMARK VIOLATION NOTICE: “iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Position Raised by Bank of New York Mellon Corp” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://www.thecerbatgem.com/2017/09/28/ishares-iboxx-invest-grade-corp-bd-fd-lqd-position-raised-by-bank-of-new-york-mellon-corp.html.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE LQD) opened at 120.94 on Thursday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 52-week low of $115.55 and a 52-week high of $123.51. The firm’s 50-day moving average price is $120.90 and its 200-day moving average price is $119.67.

The business also recently declared a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Wednesday, September 6th were paid a $0.3202 dividend. The ex-dividend date of this dividend was Friday, September 1st. This represents a $3.84 annualized dividend and a yield of 3.18%. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32.

iShares IBoxx $ Invest Grade Corp Bd Fd 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.

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

Receive News & Stock Ratings for iShares IBoxx $ Invest Grade Corp Bd Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares IBoxx $ Invest Grade Corp Bd Fd and related stocks with our FREE daily email newsletter.