Mitsubishi UFJ Trust & Banking Corp Boosts Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 112.0% during the second quarter, HoldingsChannel.com reports. The firm owned 443,905 shares of the exchange traded fund’s stock after buying an additional 234,470 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $48,656,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Toledo NA OH purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth $27,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $30,000. Bank of Jackson Hole Trust bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at $49,000. Bogart Wealth LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 102.8% during the first quarter. Bogart Wealth LLC now owns 503 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 255 shares during the last quarter. Finally, Operose Advisors LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 584.2% in the first quarter. Operose Advisors LLC now owns 1,129 shares of the exchange traded fund’s stock worth $123,000 after acquiring an additional 964 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.1%

NYSEARCA:LQD opened at $111.10 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $103.45 and a 52 week high of $112.93. The company’s 50 day moving average price is $111.65 and its 200-day moving average price is $109.51. The stock has a market cap of $32.12 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46.

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.