Allstate Corp Increases Stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Allstate Corp raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 122.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,965 shares of the exchange traded fund’s stock after buying an additional 91,965 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises about 0.5% of Allstate Corp’s portfolio, making the stock its 24th biggest holding. Allstate Corp owned approximately 0.06% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $17,839,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. iA Global Asset Management Inc. boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% during the fourth quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock worth $65,301,000 after acquiring an additional 120,000 shares during the last quarter. Continuum Advisory LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% in the third quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock valued at $211,000 after purchasing an additional 124 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of 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 purchasing an additional 6,678 shares in the last quarter. AMJ Financial Wealth Management grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% in the fourth quarter. AMJ Financial Wealth Management now owns 72,508 shares of the exchange traded fund’s stock valued at $7,747,000 after purchasing an additional 491 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.9% during the third quarter. Captrust Financial Advisors now owns 73,843 shares of the exchange traded fund’s stock worth $8,343,000 after buying an additional 2,054 shares in the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NYSEARCA:LQD opened at $108.48 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $104.14 and a 52-week high of $114.07. The business has a fifty day moving average of $108.07 and a two-hundred day moving average of $109.04. The stock has a market cap of $30.41 billion, a P/E 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.