SG Americas Securities LLC Acquires 237,736 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

SG Americas Securities LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 6,160.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 241,595 shares of the exchange traded fund’s stock after acquiring an additional 237,736 shares during the quarter. SG Americas Securities LLC owned 0.08% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $26,331,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in LQD. JPMorgan Chase & Co. lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 430.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,932,215 shares of the exchange traded fund’s stock worth $433,291,000 after purchasing an additional 3,190,347 shares during the period. BNP Paribas grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% in the 4th quarter. BNP Paribas now owns 2,362,313 shares of the exchange traded fund’s stock valued at $260,303,000 after purchasing an additional 298,058 shares during the period. Penn Mutual Asset Management bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $142,182,000. iA Global Asset Management Inc. raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 33.0% in the 4th quarter. iA Global Asset Management Inc. now owns 600,200 shares of the exchange traded fund’s stock worth $66,136,000 after buying an additional 149,000 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 54.5% in the 4th quarter. Farther Finance Advisors LLC now owns 472,813 shares of the exchange traded fund’s stock worth $52,099,000 after buying an additional 166,701 shares in the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $109.41 on Thursday. The company has a market capitalization of $31.01 billion, a PE ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $106.93 and a one year high of $112.93. The business has a 50 day simple moving average of $108.90 and a 200 day simple moving average of $109.76.

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.