Flow Traders U.S. LLC Makes New $7.51 Million Investment in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Flow Traders U.S. LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the third quarter, according to its most recent filing with the SEC. The firm acquired 67,353 shares of the exchange traded fund’s stock, valued at approximately $7,508,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP Paribas raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 72.5% during the third quarter. BNP Paribas now owns 2,064,255 shares of the exchange traded fund’s stock worth $230,103,000 after acquiring an additional 867,401 shares during the last quarter. American Family Investments Inc. lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 18.9% during the third quarter. American Family Investments Inc. now owns 273,400 shares of the exchange traded fund’s stock valued at $30,476,000 after acquiring an additional 43,400 shares during the period. Imprint Wealth LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at about $93,000. Wayfinding Financial LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.6% in the third quarter. Wayfinding Financial LLC now owns 88,669 shares of the exchange traded fund’s stock valued at $9,884,000 after acquiring an additional 530 shares during the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $14,624,000. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.4%

Shares of NYSEARCA:LQD opened at $108.17 on Monday. The stock has a market capitalization of $27.90 billion, a P/E 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. The business has a 50-day moving average price of $110.71 and a two-hundred day moving average price of $111.01.

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.