Wheelhouse Advisory Group LLC Makes New $362,000 Investment in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Wheelhouse Advisory Group LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,271 shares of the exchange traded fund’s stock, valued at approximately $362,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for 0.3% of Wheelhouse Advisory Group LLC’s investment portfolio, making the stock its 28th largest holding.

Several other hedge funds also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.3% in the third quarter. Financial Engines Advisors L.L.C. now owns 10,628,017 shares of the exchange traded fund’s stock worth $1,084,270,000 after purchasing an additional 139,522 shares during the period. NYL Investors LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.7% in the third quarter. NYL Investors LLC now owns 9,076,081 shares of the exchange traded fund’s stock worth $925,942,000 after purchasing an additional 950,400 shares during the period. MetLife Investment Management LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 275.7% in the fourth 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 during the period. JPMorgan Chase & Co. raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 136.2% in the first quarter. JPMorgan Chase & Co. now owns 7,235,424 shares of the exchange traded fund’s stock worth $793,075,000 after purchasing an additional 4,172,361 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.4% during the third quarter. Ameriprise Financial Inc. now owns 6,384,727 shares of the exchange traded fund’s stock worth $651,400,000 after acquiring an additional 2,194,321 shares during the period. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:LQD traded up $0.14 during midday trading on Friday, reaching $105.04. 11,127,683 shares of the company were exchanged, compared to its average volume of 30,820,795. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $98.24 and a fifty-two week high of $111.40. The stock has a fifty day simple moving average of $107.61 and a two-hundred day simple moving average of $106.46.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.