Summit Securities Group LLC bought a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) during the second quarter, Holdings Channel reports. The firm bought 6,400 shares of the exchange traded fund’s stock, valued at approximately $771,000.

Other institutional investors also recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. boosted its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 22.8% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 33,024 shares of the exchange traded fund’s stock valued at $3,979,000 after buying an additional 6,134 shares during the period. National Planning Corp boosted its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 140.0% in the second quarter. National Planning Corp now owns 25,406 shares of the exchange traded fund’s stock valued at $3,047,000 after buying an additional 14,819 shares during the period. Cadinha & Co. LLC boosted its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 9.1% in the second quarter. Cadinha & Co. LLC now owns 2,518 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 210 shares during the period. Forward Management LLC acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $137,000. Finally, Canada Pension Plan Investment Board acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $646,392,000.

iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) opened at 120.27 on Friday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 12-month low of $115.55 and a 12-month high of $124.45. The stock’s 50 day moving average price is $120.72 and its 200 day moving average price is $118.99.

The firm also recently announced a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were paid a dividend of $0.3179 per share. The ex-dividend date was Tuesday, August 1st. This represents a $3.81 annualized dividend and a yield of 3.17%.

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About iShares IBoxx $ Invest Grade Corp Bd Fd

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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD).

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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