Abound Financial LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 80,983 shares of the exchange traded fund’s stock, valued at approximately $8,924,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for approximately 2.1% of Abound Financial LLC’s investment portfolio, making the stock its 13th largest holding.
Several other large investors have also modified their holdings of LQD. NewEdge Advisors LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 50.5% in the second quarter. NewEdge Advisors LLC now owns 52,109 shares of the exchange traded fund’s stock worth $5,712,000 after buying an additional 17,493 shares during the period. American Family Investments Inc. purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at $25,210,000. Advisors Preferred LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 403.6% in the 3rd quarter. Advisors Preferred LLC now owns 80,989 shares of the exchange traded fund’s stock valued at $9,031,000 after acquiring an additional 64,906 shares during the last quarter. Alteri Wealth LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.2% in the 3rd quarter. Alteri Wealth LLC now owns 12,039 shares of the exchange traded fund’s stock valued at $1,342,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Lake Street Private Wealth LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the third quarter. Lake Street Private Wealth LLC now owns 20,319 shares of the exchange traded fund’s stock worth $2,265,000 after purchasing an additional 1,532 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.
iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.0%
NYSEARCA:LQD opened at $108.99 on Tuesday. The company has a market cap of $30.89 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $106.93 and a twelve month high of $112.93. The stock has a fifty day simple moving average of $108.93 and a 200-day simple moving average of $109.87.
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.
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