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

Mitsubishi UFJ Trust & Banking Corp boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 52.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 678,805 shares of the exchange traded fund’s stock after buying an additional 234,900 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.23% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $75,666,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. First Horizon Corp purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at $26,000. Trust Co. of Toledo NA OH acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at $27,000. Atlantic Union Bankshares Corp purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at $30,000. Trust Co. of Vermont grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 255.7% during the 3rd quarter. Trust Co. of Vermont now owns 313 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 225 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 34.6% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 350 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 89.30% of the company’s stock.

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

Shares of LQD stock opened at $110.84 on Friday. The stock has a market cap of $27.51 billion, a PE ratio of 32.25 and a beta of 0.46. The business has a 50-day simple moving average of $110.69 and a 200-day simple moving average of $110.62. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $103.45 and a 52-week high of $112.93.

iShares iBoxx $ Investment Grade Corporate Bond 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.