Transcend Capital Advisors LLC Lowers Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Transcend Capital Advisors LLC cut its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 3.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,466 shares of the exchange traded fund’s stock after selling 140 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $380,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MetLife Investment Management LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% during the first 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 in the last quarter. Fifth Third Securities Inc. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% during the second quarter. Fifth Third Securities Inc. now owns 48,678 shares of the exchange traded fund’s stock valued at $5,336,000 after purchasing an additional 2,579 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.8% during the second quarter. Cullen Frost Bankers Inc. now owns 2,496 shares of the exchange traded fund’s stock valued at $274,000 after purchasing an additional 92 shares in the last quarter. Keystone Global Partners LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.2% during the second 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 in the last quarter. Finally, Baird Financial Group Inc. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% during the first 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 in the last quarter. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA LQD opened at $112.28 on Thursday. The company has a market capitalization of $32.57 billion, a PE ratio of 32.25 and a beta of 0.46. The business’s fifty day moving average is $111.42 and its 200 day moving average is $109.20. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $103.45 and a fifty-two week high of $112.93.

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.