Mufg Securities Americas Inc. Makes New Investment in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Mufg Securities Americas Inc. acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 100,000 shares of the exchange traded fund’s stock, valued at approximately $11,019,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 0.7% of Mufg Securities Americas Inc.’s holdings, making the stock its 18th biggest position.

Several other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 430.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,932,215 shares of the exchange traded fund’s stock worth $433,291,000 after buying an additional 3,190,347 shares during the period. BNP Paribas grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% during the fourth quarter. BNP Paribas now owns 2,362,313 shares of the exchange traded fund’s stock worth $260,303,000 after buying an additional 298,058 shares during the period. Penn Mutual Asset Management purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $142,182,000. iA Global Asset Management Inc. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 33.0% during the fourth quarter. iA Global Asset Management Inc. now owns 600,200 shares of the exchange traded fund’s stock worth $66,136,000 after buying an additional 149,000 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 54.5% during the fourth quarter. Farther Finance Advisors LLC now owns 472,813 shares of the exchange traded fund’s stock worth $52,099,000 after buying an additional 166,701 shares during the period. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD opened at $109.01 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $106.93 and a 52-week high of $112.93. The company has a 50 day moving average of $108.93 and a two-hundred day moving average of $109.89. The company has a market cap of $30.89 billion, a P/E ratio of 32.25 and a beta of 0.44.

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.