Hillsdale Investment Management Inc. Invests $518,000 in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Hillsdale Investment Management Inc. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,750 shares of the exchange traded fund’s stock, valued at approximately $518,000.

Several other hedge funds have also made changes to their positions in LQD. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter valued at about $32,000. Jessup Wealth Management Inc bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $33,000. Comprehensive Financial Planning Inc. PA grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% during the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 214 shares in the last quarter. EQ Wealth Advisors LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $41,000. Finally, Park National Corp OH bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the first quarter valued at approximately $43,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA LQD opened at $107.50 on Friday. The firm has a market capitalization of $35.22 billion, a price-to-earnings ratio of 32.25 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $106.93 and a one year high of $112.93. The business has a fifty day simple moving average of $108.52 and a 200 day simple moving average of $109.50.

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.