First Horizon Advisors Inc. Sells 630 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

First Horizon Advisors Inc. lowered its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 25.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,841 shares of the exchange traded fund’s stock after selling 630 shares during the period. First Horizon Advisors Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $200,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Western Wealth Management LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.4% in the first quarter. Western Wealth Management LLC now owns 4,332 shares of the exchange traded fund’s stock worth $471,000 after buying an additional 102 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 49.5% in the first quarter. AdvisorNet Financial Inc now owns 589 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 195 shares in the last quarter. Mount Lucas Management LP lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.5% in the fourth quarter. Mount Lucas Management LP now owns 6,983 shares of the exchange traded fund’s stock worth $746,000 after buying an additional 302 shares in the last quarter. Virtue Capital Management LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.2% in the fourth quarter. Virtue Capital Management LLC now owns 6,138 shares of the exchange traded fund’s stock worth $656,000 after buying an additional 302 shares in the last quarter. Finally, Cohen & Steers Inc. lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,407.7% in the fourth quarter. Cohen & Steers Inc. now owns 326 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 313 shares in the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $109.06 on Friday. The firm’s 50 day moving average price is $107.60 and its 200-day moving average price is $107.48. The company has a market cap of $29.80 billion, a PE ratio of 32.25 and a beta of 0.33. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $103.45 and a 52-week high of $114.07.

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.