Sandy Spring Bank cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) by 61.1% in the second quarter, HoldingsChannel reports. The fund owned 982 shares of the exchange traded fund’s stock after selling 1,541 shares during the quarter. Sandy Spring Bank’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $106,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of LQD. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4,308.3% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,572,234 shares of the exchange traded fund’s stock worth $51,907,000 after purchasing an additional 8,377,777 shares during the period. MetLife Investment Management LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 275.7% during the 4th quarter. MetLife Investment Management LLC now owns 8,473,700 shares of the exchange traded fund’s stock valued at $893,382,000 after buying an additional 6,218,000 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 136.2% during the 1st quarter. JPMorgan Chase & Co. now owns 7,235,424 shares of the exchange traded fund’s stock valued at $793,075,000 after acquiring an additional 4,172,361 shares in the last quarter. Assetmark Inc. increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.9% in the first quarter. Assetmark Inc. now owns 5,061,859 shares of the exchange traded fund’s stock worth $554,830,000 after acquiring an additional 732,292 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 9.2% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 738,635 shares of the exchange traded fund’s stock worth $80,962,000 after acquiring an additional 62,130 shares in the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.
iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.5 %
Shares of LQD stock opened at $101.91 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $98.24 and a fifty-two week high of $112.51. The stock’s 50-day moving average is $102.26 and its two-hundred day moving average is $105.47.
iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile
(Free Report)
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.
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