SlateStone Wealth LLC Makes New Investment in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

SlateStone Wealth LLC bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,840 shares of the exchange traded fund’s stock, valued at approximately $644,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LQD. NewEdge Advisors LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 50.5% during the second quarter. NewEdge Advisors LLC now owns 52,109 shares of the exchange traded fund’s stock worth $5,712,000 after buying an additional 17,493 shares during the last quarter. American Family Investments Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth $25,210,000. Bessemer Group Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.6% during the third quarter. Bessemer Group Inc. now owns 16,291 shares of the exchange traded fund’s stock worth $1,816,000 after buying an additional 97 shares during the last quarter. Titleist Asset Management LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.2% during the third quarter. Titleist Asset Management LLC now owns 6,969 shares of the exchange traded fund’s stock worth $777,000 after buying an additional 347 shares during the last quarter. Finally, Waterloo Capital L.P. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 132.2% during the third quarter. Waterloo Capital L.P. now owns 62,182 shares of the exchange traded fund’s stock worth $6,931,000 after buying an additional 35,397 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.6%

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $108.17 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $106.91 and a twelve month high of $112.93. The stock has a market cap of $30.66 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. The company’s fifty day moving average is $108.91 and its 200 day moving average is $109.97.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.