iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Sets New 12-Month High at $112.41

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $112.41 and last traded at $112.37, with a volume of 34068629 shares traded. The stock had previously closed at $111.83.

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

The company’s 50 day moving average price is $109.77 and its 200 day moving average price is $108.10.

Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

A number of large investors have recently modified their holdings of the business. Thompson Investment Management Inc. boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 95.7% in the first quarter. Thompson Investment Management Inc. now owns 225 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 110 shares in the last quarter. ORG Partners LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $28,000. PSI Advisors LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 125 shares during the period. Anfield Capital Management LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at about $39,000. Finally, 1620 Investment Advisors Inc. purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth about $46,000. 89.30% of the stock is owned by hedge funds and other institutional investors.

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.