iA Global Asset Management Inc. Acquires 120,000 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

iA Global Asset Management Inc. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 24.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 611,200 shares of the exchange traded fund’s stock after purchasing an additional 120,000 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises about 1.1% of iA Global Asset Management Inc.’s investment portfolio, making the stock its 18th biggest position. iA Global Asset Management Inc. owned about 0.21% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $65,301,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Money Design Co. Ltd. increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.3% in the fourth quarter. Money Design Co. Ltd. now owns 1,470,231 shares of the exchange traded fund’s stock worth $157,476,000 after purchasing an additional 60,163 shares during the last quarter. BNP Paribas increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% in the third quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock worth $163,352,000 after purchasing an additional 1,303,725 shares during the last quarter. Payden & Rygel bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $51,877,000. IHT Wealth Management LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 115.7% in the third quarter. IHT Wealth Management LLC now owns 313,249 shares of the exchange traded fund’s stock worth $35,411,000 after purchasing an additional 168,005 shares during the last quarter. Finally, Aspect Partners LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 33,367.4% in the fourth quarter. Aspect Partners LLC now owns 193,776 shares of the exchange traded fund’s stock worth $20,703,000 after purchasing an additional 193,197 shares during the last quarter. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.6 %

Shares of LQD stock opened at $109.07 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07. The stock’s 50-day moving average price is $107.74 and its 200-day moving average price is $109.19. The stock has a market capitalization of $30.57 billion, a price-to-earnings ratio of 32.64 and a beta of 0.45.

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.