Traders sold shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) on strength during trading on Monday. $184.82 million flowed into the stock on the tick-up and $505.79 million flowed out of the stock on the tick-down, for a money net flow of $320.97 million out of the stock. Of all equities tracked, iShares iBoxx $ Investment Grade Corporate Bond ETF had the 3rd highest net out-flow for the day. iShares iBoxx $ Investment Grade Corporate Bond ETF traded up $0.20 for the day and closed at $114.17

The company also recently announced a monthly dividend, which was paid on Monday, December 24th. Stockholders of record on Wednesday, December 19th were paid a $0.3516 dividend. The ex-dividend date was Tuesday, December 18th. This represents a $4.22 annualized dividend and a dividend yield of 3.70%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sterling Investment Advisors Ltd. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 27.8% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 690 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 150 shares during the period. ELM Advisors LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth $113,000. G&S Capital LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $114,000. Live Your Vision LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 37.4% during the fourth quarter. Live Your Vision LLC now owns 1,753 shares of the exchange traded fund’s stock worth $199,000 after purchasing an additional 477 shares during the period. Finally, Sage Advisory Services Ltd.Co. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth $217,000.

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iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile (NYSEARCA:LQD)

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.

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