Fifth Third Securities Inc. Sells 128,756 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Fifth Third Securities Inc. cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 72.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,516 shares of the exchange traded fund’s stock after selling 128,756 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,957,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of LQD. MassMutual Private Wealth & Trust FSB acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at approximately $35,000. Park National Corp OH purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at approximately $43,000. NBT Bank N A NY lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 646.4% during the 1st quarter. NBT Bank N A NY now owns 821 shares of the exchange traded fund’s stock worth $89,000 after buying an additional 711 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at $116,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.0%

Shares of NYSEARCA LQD traded up $0.03 during trading hours on Wednesday, reaching $103.25. The stock had a trading volume of 18,546,459 shares, compared to its average volume of 33,069,406. The firm has a market cap of $29.10 billion, a price-to-earnings ratio of 32.25 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $101.19 and a fifty-two week high of $112.93. The firm has a 50-day moving average of $104.41 and a 200-day moving average of $106.96.

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.