Ramsey Quantitative Systems Invests $661,000 in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Ramsey Quantitative Systems bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,000 shares of the exchange traded fund’s stock, valued at approximately $661,000. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up about 0.6% of Ramsey Quantitative Systems’ portfolio, making the stock its 7th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in LQD. BNP Paribas raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% during the second quarter. BNP Paribas now owns 1,196,854 shares of the exchange traded fund’s stock worth $131,187,000 after purchasing an additional 967,036 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1,111.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 306,112 shares of the exchange traded fund’s stock valued at $34,122,000 after purchasing an additional 280,834 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.9% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 678,805 shares of the exchange traded fund’s stock valued at $75,666,000 after purchasing an additional 234,900 shares in the last quarter. American Family Investments Inc. acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $25,210,000. Finally, von Borstel & Associates Inc. acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $14,624,000. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.8%

Shares of LQD stock opened at $107.88 on Friday. The stock has a 50 day simple moving average of $110.34 and a 200-day simple moving average of $110.90. The company has a market cap of $27.82 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $103.45 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.