Concorde Asset Management LLC boosted its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 242.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,877 shares of the exchange traded fund’s stock after purchasing an additional 5,576 shares during the quarter. Concorde Asset Management LLC’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $955,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC raised its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 81.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock valued at $112,000 after purchasing an additional 421 shares in the last quarter. Westwood Holdings Group Inc. purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $129,000. Captrust Financial Advisors purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $131,000. Forward Management LLC purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $137,000. Finally, Parametric Portfolio Associates LLC purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $1,168,000.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 7th. Shareholders of record on Thursday, November 2nd will be issued a $0.3212 dividend. The ex-dividend date of this dividend is Wednesday, November 1st. This represents a $3.85 dividend on an annualized basis and a yield of 3.18%.

COPYRIGHT VIOLATION NOTICE: This piece was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.watchlistnews.com/concorde-asset-management-llc-acquires-5576-shares-of-ishares-iboxx-invest-grade-corp-bd-fd-lqd/1675976.html.

iShares IBoxx $ Invest Grade Corp Bd Fd 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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD).

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

Receive News & Ratings for iShares IBoxx $ Invest Grade Corp Bd Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares IBoxx $ Invest Grade Corp Bd Fd and related companies with Analyst Ratings Network's FREE daily email newsletter.