Risk Paradigm Group LLC Has $4.13 Million Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Risk Paradigm Group LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 1,576.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,914 shares of the exchange traded fund’s stock after buying an additional 35,652 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises 2.7% of Risk Paradigm Group LLC’s portfolio, making the stock its 10th largest holding. Risk Paradigm Group LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,135,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 50.5% in the second quarter. NewEdge Advisors LLC now owns 52,109 shares of the exchange traded fund’s stock worth $5,712,000 after buying an additional 17,493 shares in the last quarter. American Family Investments Inc. purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $25,210,000. Brown Brothers Harriman & Co. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% during the third quarter. Brown Brothers Harriman & Co. now owns 8,665 shares of the exchange traded fund’s stock valued at $966,000 after acquiring an additional 550 shares in the last quarter. Imprint Wealth LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $93,000. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 29,783 shares of the exchange traded fund’s stock worth $3,320,000 after acquiring an additional 2,421 shares during the period. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA LQD opened at $106.35 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $105.42 and a 1 year high of $112.93. The stock has a market capitalization of $32.90 billion, a PE ratio of 32.25 and a beta of 0.44. The company’s 50 day simple moving average is $107.17 and its two-hundred day simple moving average is $108.61.

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.