Investors purchased shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) on weakness during trading hours on Thursday. $101.79 million flowed into the stock on the tick-up and $43.31 million flowed out of the stock on the tick-down, for a money net flow of $58.48 million into the stock. Of all equities tracked, iShares IBoxx $ Invest Grade Corp Bd Fd had the 7th highest net in-flow for the day. iShares IBoxx $ Invest Grade Corp Bd Fd traded down ($0.17) for the day and closed at $121.05

The firm’s 50 day moving average price is $121.06 and its 200 day moving average price is $120.03.

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 6th. Shareholders of record on Tuesday, October 3rd will be paid a dividend of $0.3228 per share. This represents a $3.87 dividend on an annualized basis and a yield of 3.20%. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32. The ex-dividend date of this dividend is Monday, October 2nd.

A number of hedge funds and other institutional investors have recently bought and sold shares of LQD. Patriot Financial Group Insurance Agency LLC boosted its stake in 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 acquiring an additional 421 shares during the last quarter. Westwood Holdings Group Inc. bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at $129,000. Captrust Financial Advisors bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at $131,000. Forward Management LLC bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at $137,000. Finally, Sandy Spring Bank boosted its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 49.9% during the 2nd quarter. Sandy Spring Bank now owns 1,352 shares of the exchange traded fund’s stock valued at $163,000 after acquiring an additional 450 shares during the last quarter.

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iShares IBoxx $ Invest Grade Corp Bd Fd 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.

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