Financial Enhancement Group LLC trimmed its stake in iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD) by 35.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 120,499 shares of the exchange traded fund’s stock after selling 65,655 shares during the quarter. iShares iBoxx $ Invmt Grade Corp Bd ETF makes up about 5.9% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 2nd largest holding. Financial Enhancement Group LLC’s holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF were worth $14,608,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ETRADE Capital Management LLC increased its holdings in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 16.6% during the third quarter. ETRADE Capital Management LLC now owns 42,135 shares of the exchange traded fund’s stock valued at $5,108,000 after purchasing an additional 6,002 shares during the period. TD Asset Management Inc. increased its holdings in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 4.7% during the third quarter. TD Asset Management Inc. now owns 56,848 shares of the exchange traded fund’s stock valued at $6,892,000 after purchasing an additional 2,552 shares during the period. Windhaven Investment Management Inc. increased its holdings in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 16.0% during the third quarter. Windhaven Investment Management Inc. now owns 2,412,986 shares of the exchange traded fund’s stock valued at $292,526,000 after purchasing an additional 333,238 shares during the period. Keel Point LLC acquired a new position in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF during the third quarter valued at $9,120,000. Finally, Mandatum Life Insurance Co Ltd increased its holdings in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 12.6% during the third quarter. Mandatum Life Insurance Co Ltd now owns 407,080 shares of the exchange traded fund’s stock valued at $49,350,000 after purchasing an additional 45,566 shares during the period.

Shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD) traded down $0.14 on Monday, hitting $121.19. The stock had a trading volume of 1,359,600 shares, compared to its average volume of 5,023,331. iShares iBoxx $ Invmt Grade Corp Bd ETF has a 52 week low of $115.55 and a 52 week high of $121.81.

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were issued a dividend of $0.3212 per share. This represents a $3.85 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date was Wednesday, November 1st. iShares iBoxx $ Invmt Grade Corp Bd ETF’s dividend payout ratio (DPR) is 50.00%.

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iShares iBoxx $ Invmt Grade Corp Bd 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.

Institutional Ownership by Quarter for iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD)

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