iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Sold by Keystone Global Partners LLC

Keystone Global Partners LLC lowered its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 12.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 55,789 shares of the exchange traded fund’s stock after selling 7,957 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up approximately 2.7% of Keystone Global Partners LLC’s portfolio, making the stock its 12th largest position. Keystone Global Partners LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $6,147,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. First Horizon Corp acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth $26,000. Trust Co. of Vermont boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 255.7% during 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 increased its position in 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 in the last quarter. Canton Hathaway LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth about $42,000. Finally, Premier Financial Group acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $66,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:LQD opened at $107.62 on Monday. The firm has a market cap of $27.76 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46. The company’s 50-day moving average is $110.28 and its two-hundred day moving average is $110.87. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $103.45 and a 12-month high of $112.93.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.