Scotia Capital Inc. reduced its stake in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 13.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,459 shares of the exchange traded fund’s stock after selling 9,445 shares during the quarter. Scotia Capital Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $7,165,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of LQD. Canada Pension Plan Investment Board purchased a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $646,392,000. Teachers Insurance & Annuity Association of America acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $543,867,000. Dai Ichi Life Insurance Company Ltd increased its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 930.0% in the second quarter. Dai Ichi Life Insurance Company Ltd now owns 4,355,800 shares of the exchange traded fund’s stock valued at $524,917,000 after purchasing an additional 3,932,920 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 1,465.6% in the second quarter. JPMorgan Chase & Co. now owns 3,973,209 shares of the exchange traded fund’s stock valued at $478,811,000 after purchasing an additional 3,719,431 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $171,379,000.

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iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) traded up 0.03% during trading on Wednesday, reaching $121.17. The company had a trading volume of 1,172,661 shares. The company has a 50-day moving average price of $121.10 and a 200 day moving average price of $120.15. iShares IBoxx $ Invest Grade Corp Bd Fd has a 52-week low of $115.55 and a 52-week high of $122.77.

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

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.

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

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