Worth Asset Management LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) by 16.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,333 shares of the exchange traded fund’s stock after purchasing an additional 6,332 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up about 2.1% of Worth Asset Management LLC’s holdings, making the stock its 10th biggest position. Worth Asset Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,995,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. BNP Paribas boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% in the 2nd quarter. BNP Paribas now owns 1,196,854 shares of the exchange traded fund’s stock valued at $131,187,000 after buying an additional 967,036 shares in the last quarter. Farther Finance Advisors LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1,111.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 306,112 shares of the exchange traded fund’s stock worth $34,122,000 after acquiring an additional 280,834 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.9% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 678,805 shares of the exchange traded fund’s stock valued at $75,666,000 after acquiring an additional 234,900 shares during the last quarter. American Family Investments Inc. purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at $25,210,000. Finally, von Borstel & Associates Inc. acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at $14,624,000. 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 $107.62 on Friday. The company has a fifty day moving average of $110.28 and a two-hundred day moving average of $110.87. The company has a market capitalization of $27.76 billion, a PE ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $103.45 and a 1 year 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.
See Also
Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report).
Receive News & Ratings for iShares iBoxx $ Investment Grade Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ Investment Grade Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
