NYL Investors LLC Decreases Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

NYL Investors LLC lowered its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 68.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 262,632 shares of the exchange traded fund’s stock after selling 577,293 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up 9.6% of NYL Investors LLC’s investment portfolio, making the stock its 3rd largest position. NYL Investors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $29,276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of LQD. Capricorn Fund Managers Ltd bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter valued at approximately $1,271,000. BNP Paribas increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% in the 2nd quarter. BNP Paribas now owns 1,196,854 shares of the exchange traded fund’s stock worth $131,187,000 after buying an additional 967,036 shares during the last quarter. Alteri Wealth LLC raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.6% during the 2nd quarter. Alteri Wealth LLC now owns 10,361 shares of the exchange traded fund’s stock valued at $1,136,000 after buying an additional 1,475 shares in the last quarter. Worth Asset Management LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth $4,347,000. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.0% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 6,177 shares of the exchange traded fund’s stock worth $677,000 after acquiring an additional 238 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.0%

LQD opened at $110.11 on Wednesday. The business’s fifty day simple moving average is $110.66 and its 200 day simple moving average is $110.75. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $103.45 and a 52 week high of $112.93. The stock has a market cap of $28.68 billion, a PE ratio of 32.25 and a beta of 0.46.

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