Oarsman Capital Inc. Invests $95.73 Million in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Oarsman Capital Inc. purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 877,727 shares of the exchange traded fund’s stock, valued at approximately $95,734,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 7.1% of Oarsman Capital Inc.’s portfolio, making the stock its 2nd biggest holding. Oarsman Capital Inc. owned about 0.28% of iShares iBoxx $ Investment Grade Corporate Bond ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. 10Elms LLP raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.9% in the fourth quarter. 10Elms LLP now owns 6,306 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 120 shares during the last quarter. Cary Street Partners Financial LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 32,635 shares of the exchange traded fund’s stock worth $3,596,000 after buying an additional 158 shares during the period. Sandhill Capital Partners LLC raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% during the 4th quarter. Sandhill Capital Partners LLC now owns 2,621 shares of the exchange traded fund’s stock worth $289,000 after buying an additional 204 shares during the last quarter. Covestor Ltd raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.0% during the 4th quarter. Covestor Ltd now owns 1,714 shares of the exchange traded fund’s stock worth $189,000 after buying an additional 210 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA lifted its stake in 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 valued at $37,000 after acquiring an additional 214 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD stock opened at $106.35 on Monday. The company has a market capitalization of $32.90 billion, a P/E ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $105.42 and a 12 month high of $112.93. The firm’s fifty day simple moving average is $107.17 and its 200-day simple moving average is $108.61.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company 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.