Ameriprise Financial Inc. increased its position in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD) by 0.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,799,845 shares of the exchange traded fund’s stock after buying an additional 15,159 shares during the quarter. Ameriprise Financial Inc. owned 1.19% of iShares iBoxx $ Invmt Grade Corp Bd ETF worth $468,254,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC grew its position in iShares iBoxx $ Invmt Grade Corp Bd ETF by 81.6% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock worth $112,000 after acquiring an additional 421 shares during the last quarter. Westwood Holdings Group Inc. bought a new position in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF in the second quarter valued at approximately $129,000. Captrust Financial Advisors purchased a new position in iShares iBoxx $ Invmt Grade Corp Bd ETF in the second quarter valued at approximately $131,000. Forward Management LLC purchased a new stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF during the second quarter worth $137,000. Finally, Sandy Spring Bank raised its position in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 49.9% in the second quarter. Sandy Spring Bank now owns 1,352 shares of the exchange traded fund’s stock worth $163,000 after buying an additional 450 shares in the last quarter.

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Shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA LQD) opened at $120.86 on Wednesday. iShares iBoxx $ Invmt Grade Corp Bd ETF has a 1 year low of $115.55 and a 1 year high of $121.81.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were given a dividend of $0.3212 per share. This represents a $3.85 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Wednesday, November 1st. iShares iBoxx $ Invmt Grade Corp Bd ETF’s payout ratio is 50.00%.

About iShares iBoxx $ Invmt Grade Corp Bd ETF

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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