iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Holdings Reduced by USA Financial Formulas

USA Financial Formulas reduced its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 397,597 shares of the exchange traded fund’s stock after selling 2,184 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises approximately 6.7% of USA Financial Formulas’ holdings, making the stock its 6th largest position. USA Financial Formulas owned about 0.14% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $42,479,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hollencrest Capital Management grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% during the second quarter. Hollencrest Capital Management now owns 13,315 shares of the exchange traded fund’s stock valued at $1,426,000 after acquiring an additional 98 shares in the last quarter. Alley Investment Management Company LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% during the second quarter. Alley Investment Management Company LLC now owns 185,269 shares of the exchange traded fund’s stock valued at $19,846,000 after purchasing an additional 9,898 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.5% in the second quarter. Sunbelt Securities Inc. now owns 14,088 shares of the exchange traded fund’s stock worth $1,509,000 after purchasing an additional 3,459 shares during the last quarter. Lazari Capital Management Inc. purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth about $409,000. Finally, SG Americas Securities LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8,602.5% during the third quarter. SG Americas Securities LLC now owns 312,768 shares of the exchange traded fund’s stock valued at $35,337,000 after buying an additional 309,174 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA LQD opened at $106.48 on Thursday. 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 has a 50 day simple moving average of $108.20 and a two-hundred day simple moving average of $109.71.

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.