Copia Wealth Management Sells 3,591 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Copia Wealth Management trimmed its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 20.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 13,887 shares of the exchange traded fund’s stock after selling 3,591 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up about 1.3% of Copia Wealth Management’s portfolio, making the stock its 20th biggest position. Copia Wealth Management’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 121.7% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 27,122 shares of the exchange traded fund’s stock valued at $2,947,000 after purchasing an additional 14,890 shares during the last quarter. Summit Financial LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 7.4% during the 1st quarter. Summit Financial LLC now owns 68,115 shares of the exchange traded fund’s stock valued at $7,403,000 after purchasing an additional 4,708 shares during the last quarter. MetLife Investment Management LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% during the 1st quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock valued at $103,610,000 after purchasing an additional 915,760 shares during the last quarter. Baird Financial Group Inc. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% during the 1st quarter. Baird Financial Group Inc. now owns 179,814 shares of the exchange traded fund’s stock valued at $19,544,000 after purchasing an additional 44,348 shares during the last quarter. Finally, Keystone Global Partners LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.2% during the 2nd quarter. Keystone Global Partners LLC now owns 65,469 shares of the exchange traded fund’s stock valued at $7,176,000 after purchasing an additional 14,391 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.3%

Shares of NYSEARCA:LQD opened at $112.10 on Wednesday. The company has a market capitalization of $32.00 billion, a price-to-earnings ratio of 32.25 and a beta of 0.33. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $103.45 and a 12 month high of $112.64. The firm’s 50-day moving average is $110.81 and its 200 day moving average is $108.78.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.