Planned Solutions Inc. Purchases Shares of 3,942 iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Planned Solutions Inc. purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,942 shares of the exchange traded fund’s stock, valued at approximately $436,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Engines Advisors L.L.C. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 10,628,017 shares of the exchange traded fund’s stock valued at $1,084,270,000 after buying an additional 139,522 shares during the last quarter. NYL Investors LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.7% during the 3rd quarter. NYL Investors LLC now owns 9,076,081 shares of the exchange traded fund’s stock valued at $925,942,000 after acquiring an additional 950,400 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 275.7% in the 4th quarter. MetLife Investment Management LLC now owns 8,473,700 shares of the exchange traded fund’s stock worth $893,382,000 after purchasing an additional 6,218,000 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 136.2% during the 1st quarter. JPMorgan Chase & Co. now owns 7,235,424 shares of the exchange traded fund’s stock valued at $793,075,000 after buying an additional 4,172,361 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,384,727 shares of the exchange traded fund’s stock worth $651,400,000 after purchasing an additional 2,194,321 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA LQD opened at $109.02 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $98.24 and a 52-week high of $111.40. The business’s 50-day moving average price is $108.44 and its 200 day moving average price is $106.12.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.