iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Shares Purchased by Money Design Co. Ltd.

Money Design Co. Ltd. raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 4.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,470,231 shares of the exchange traded fund’s stock after buying an additional 60,163 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up approximately 8.1% of Money Design Co. Ltd.’s portfolio, making the stock its 2nd largest position. Money Design Co. Ltd.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $157,476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LQD. Greenup Street Wealth Management LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth about $783,000. Kingswood Wealth Advisors LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 78.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 12,232 shares of the exchange traded fund’s stock worth $1,307,000 after purchasing an additional 5,373 shares during the period. AlphaMark Advisors LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 19.3% during the fourth quarter. AlphaMark Advisors LLC now owns 4,791 shares of the exchange traded fund’s stock worth $512,000 after buying an additional 775 shares during the last quarter. Avior Wealth Management LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 39.3% in the fourth quarter. Avior Wealth Management LLC now owns 23,651 shares of the exchange traded fund’s stock valued at $2,527,000 after buying an additional 6,678 shares during the period. Finally, Adirondack Trust Co. lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% in the fourth quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock valued at $122,000 after buying an additional 424 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD stock opened at $107.71 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $104.14 and a 1-year high of $114.07. The business’s 50 day simple moving average is $107.88 and its 200 day simple moving average is $109.67.

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.