Baird Financial Group Inc. Increases Stake 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 third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,365 shares of the exchange traded fund’s stock after purchasing an additional 1,242 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $3,588,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Canada Pension Plan Investment Board increased its holdings 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 buying an additional 438,500 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $1,092,000. Janney Montgomery Scott LLC increased its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd by 23.2% during the third quarter. Janney Montgomery Scott LLC now owns 940,531 shares of the exchange traded fund’s stock worth $108,095,000 after buying an additional 177,290 shares during the last quarter. FDx Advisors Inc. increased its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd by 2.5% during the third quarter. FDx Advisors Inc. now owns 358,539 shares of the exchange traded fund’s stock worth $41,207,000 after buying an additional 8,673 shares during the last quarter. Finally, NYL Investors LLC increased its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd by 31.6% during the third quarter. NYL Investors LLC now owns 275,692 shares of the exchange traded fund’s stock worth $31,685,000 after buying an additional 66,192 shares during the last quarter.

Shares of LQD opened at $111.89 on Friday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1-year low of $111.25 and a 1-year high of $121.85.

The company also recently announced a monthly dividend, which was paid on Friday, December 7th. Investors of record on Tuesday, December 4th were issued a dividend of $0.3526 per share. The ex-dividend date of this dividend was Monday, December 3rd. This represents a $4.23 dividend on an annualized basis 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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Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

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

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