iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Stake Trimmed by Adirondack Trust Co.

Adirondack Trust Co. reduced its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 97.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,407 shares of the exchange traded fund’s stock after selling 47,288 shares during the quarter. Adirondack Trust Co.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $144,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Greenleaf Trust bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $96,795,000. Farther Finance Advisors LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 21.6% in the third quarter. Farther Finance Advisors LLC now owns 1,110,491 shares of the exchange traded fund’s stock worth $113,470,000 after acquiring an additional 197,445 shares during the period. Oarsman Capital Inc. bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at $95,734,000. Hilltop Holdings Inc. boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.7% in the first quarter. Hilltop Holdings Inc. now owns 257,303 shares of the exchange traded fund’s stock valued at $28,043,000 after acquiring an additional 34,847 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in 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 valued at $26,331,000 after acquiring an additional 237,736 shares in the last quarter. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock traded down $0.10 during mid-day trading on Wednesday, reaching $102.45. 18,350,302 shares of the company traded hands, compared to its average volume of 33,001,879. The firm’s 50 day moving average price is $104.73 and its 200 day moving average price is $107.15. The firm has a market capitalization of $29.12 billion, a price-to-earnings ratio of 32.25 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $101.19 and a 52-week 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.