Baird Financial Group Inc. Grows Position in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD)

Baird Financial Group Inc. lifted its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 4.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,365 shares of the exchange traded fund’s stock after acquiring an additional 1,242 shares during the period. Baird Financial Group Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $3,588,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in LQD. HL Financial Services LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 956.7% in the second quarter. HL Financial Services LLC now owns 25,773 shares of the exchange traded fund’s stock valued at $2,953,000 after acquiring an additional 23,334 shares in the last quarter. Fieldpoint Private Securities LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 35.6% in the second quarter. Fieldpoint Private Securities LLC now owns 2,954 shares of the exchange traded fund’s stock valued at $338,000 after acquiring an additional 775 shares in the last quarter. Karp Capital Management Corp lifted its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 5.7% during the second quarter. Karp Capital Management Corp now owns 44,601 shares of the exchange traded fund’s stock worth $5,110,000 after purchasing an additional 2,405 shares during the period. SG Americas Securities LLC bought a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth about $18,186,000. Finally, Canada Pension Plan Investment Board lifted its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 25.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,191,300 shares of the exchange traded fund’s stock worth $251,057,000 after purchasing an additional 438,500 shares during the period.

LQD opened at $111.89 on Friday. iShares IBoxx $ Invest Grade Corp Bd Fd has a twelve month low of $111.25 and a twelve month high of $121.85.

The company also recently disclosed a monthly dividend, which was paid on Friday, December 7th. Investors of record on Tuesday, December 4th were given a dividend of $0.3526 per share. The ex-dividend date was Monday, December 3rd. This represents a $4.23 annualized dividend and a yield of 3.78%.

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iShares IBoxx $ Invest Grade Corp Bd Fd 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.

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Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd  Fd (NYSEARCA:LQD)

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