Valmark Advisers Inc. Grows Holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD)

Valmark Advisers Inc. grew its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSE:LQD) by 1.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,614,731 shares of the exchange traded fund’s stock after buying an additional 20,949 shares during the quarter. iShares iBoxx $ Invmt Grade Corp Bd ETF comprises 4.6% of Valmark Advisers Inc.’s holdings, making the stock its 7th biggest position. Valmark Advisers Inc. owned about 0.51% of iShares iBoxx $ Invmt Grade Corp Bd ETF worth $195,754,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 81.6% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock worth $112,000 after purchasing an additional 421 shares in the last quarter. Westwood Holdings Group Inc. bought a new stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF in the 2nd quarter worth approximately $129,000. Captrust Financial Advisors bought a new stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF in the 2nd quarter worth approximately $131,000. Forward Management LLC bought a new stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF in the 2nd quarter worth approximately $137,000. Finally, Sandy Spring Bank raised its holdings in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 49.9% in the 2nd quarter. Sandy Spring Bank now owns 1,352 shares of the exchange traded fund’s stock worth $163,000 after purchasing an additional 450 shares in the last quarter.

iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD) traded up $0.02 during midday trading on Tuesday, hitting $119.93. 2,174,727 shares of the company were exchanged. iShares iBoxx $ Invmt Grade Corp Bd ETF has a twelve month low of $115.55 and a twelve month high of $121.81.

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Investors of record on Thursday, November 2nd were issued a $0.3212 dividend. The ex-dividend date was Wednesday, November 1st. This represents a $3.85 dividend on an annualized basis and a dividend yield of 3.21%.

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iShares iBoxx $ Invmt Grade Corp Bd 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.

Institutional Ownership by Quarter for iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSE:LQD)

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