iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 36.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,431 shares of the exchange traded fund’s stock after purchasing an additional 12,089 shares during the period. CoreCap Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $5,006,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. First Horizon Corp purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $26,000. Trust Co. of Vermont boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 255.7% in the third quarter. Trust Co. of Vermont now owns 313 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 225 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 34.6% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 350 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 90 shares during the period. Canton Hathaway LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth approximately $42,000. Finally, Premier Financial Group acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at $66,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA:LQD opened at $107.88 on Friday. The business’s 50-day moving average is $110.34 and its two-hundred day moving average is $110.90. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $103.45 and a 12 month high of $112.93. The firm has a market capitalization of $27.82 billion, a PE ratio of 32.25 and a beta of 0.46.

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.