Burns J W & Co. Inc. NY Boosts Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Burns J W & Co. Inc. NY boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 11.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,013 shares of the exchange traded fund’s stock after buying an additional 4,872 shares during the period. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $5,015,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $32,000. Jessup Wealth Management Inc purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $33,000. Comprehensive Financial Planning Inc. PA grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 214 shares during the period. EQ Wealth Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $41,000. Finally, Park National Corp OH purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter worth $43,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.1%

LQD stock opened at $108.91 on Wednesday. The firm has a 50 day moving average of $108.90 and a 200-day moving average of $109.77. The company has a market cap of $30.87 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $106.93 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.