Investors purchased shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) on weakness during trading on Friday. $136.22 million flowed into the stock on the tick-up and $104.79 million flowed out of the stock on the tick-down, for a money net flow of $31.43 million into the stock. Of all stocks tracked, iShares IBoxx $ Invest Grade Corp Bd Fd had the 29th highest net in-flow for the day. iShares IBoxx $ Invest Grade Corp Bd Fd traded down ($0.10) for the day and closed at $120.95

The company has a 50-day moving average price of $121.07 and a 200-day moving average price of $120.03.

The firm also recently declared a monthly dividend, which will be paid on Friday, October 6th. Investors of record on Tuesday, October 3rd will be paid a $0.3228 dividend. The ex-dividend date of this dividend is Monday, October 2nd. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32. This represents a $3.87 annualized dividend and a dividend yield of 3.20%.

Hedge funds have recently added to or reduced their stakes in the stock. Patriot Financial Group Insurance Agency LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 81.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock valued at $112,000 after acquiring an additional 421 shares in the last quarter. Westwood Holdings Group Inc. acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at about $129,000. Captrust Financial Advisors acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at about $131,000. Forward Management LLC acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at about $137,000. Finally, Parametric Portfolio Associates LLC acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at about $1,168,000.

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iShares IBoxx $ Invest Grade Corp Bd Fd 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.

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