Kingswood Wealth Advisors LLC decreased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) by 66.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,277 shares of the exchange traded fund’s stock after selling 8,544 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $437,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 19.9% during the first quarter. Bogart Wealth LLC now owns 1,387 shares of the exchange traded fund’s stock worth $151,000 after purchasing an additional 230 shares during the last quarter. Stronghold Wealth Management L.L.C. increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.8% in the 1st quarter. Stronghold Wealth Management L.L.C. now owns 9,466 shares of the exchange traded fund’s stock valued at $1,032,000 after acquiring an additional 258 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth approximately $35,000. Finally, Root Financial Partners LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth approximately $40,000. Institutional investors and hedge funds own 89.30% of the company’s stock.
iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance
Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $104.27 on Friday. The firm has a market cap of $30.49 billion, a P/E ratio of 32.25 and a beta of 0.45. The firm has a 50 day simple moving average of $104.09 and a 200 day simple moving average of $107.71. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $101.19 and a fifty-two week high of $112.06.
iShares iBoxx $ Investment Grade Corporate Bond ETF 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.
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