iA Global Asset Management Inc. Decreases Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

iA Global Asset Management Inc. lessened its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 42.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 345,220 shares of the exchange traded fund’s stock after selling 254,980 shares during the period. iA Global Asset Management Inc. owned about 0.11% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $37,626,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LQD. North Star Investment Management Corp. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 67.4% in the 1st quarter. North Star Investment Management Corp. now owns 1,165 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 469 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 77.2% during the first quarter. Janney Montgomery Scott LLC now owns 71,757 shares of the exchange traded fund’s stock valued at $7,821,000 after purchasing an additional 31,271 shares during the period. Fort Washington Investment Advisors Inc. OH grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 391.3% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 15,836 shares of the exchange traded fund’s stock worth $1,726,000 after purchasing an additional 12,613 shares during the last quarter. Burns J W & Co. Inc. NY grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.8% in the first quarter. Burns J W & Co. Inc. NY now owns 46,013 shares of the exchange traded fund’s stock worth $5,015,000 after purchasing an additional 4,872 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6,160.6% in the first quarter. SG Americas Securities LLC now owns 241,595 shares of the exchange traded fund’s stock worth $26,331,000 after buying an additional 237,736 shares during the period. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.6%

NYSEARCA:LQD opened at $109.07 on Wednesday. The firm has a market capitalization of $30.91 billion, a P/E ratio of 32.25 and a beta of 0.44. The company has a fifty day moving average of $108.86 and a 200 day moving average of $109.72. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $106.93 and a 52 week high of $112.93.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company 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.