New England Investment & Retirement Group Inc. Trims Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

New England Investment & Retirement Group Inc. trimmed its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 90.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,502 shares of the exchange traded fund’s stock after selling 82,959 shares during the quarter. New England Investment & Retirement Group Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,106,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of LQD. Alpha DNA Investment Management LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $27,000. Vestor Capital LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth about $45,000. McClarren Financial Advisors Inc. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth about $72,000. Graves Light Private Wealth Management Inc. bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth about $119,000. Finally, Trust Co. of Vermont increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.4% in the fourth quarter. Trust Co. of Vermont now owns 931 shares of the exchange traded fund’s stock worth $129,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 85.32% of the company’s stock.

LQD traded up $0.20 on Tuesday, hitting $131.41. 55,660 shares of the stock traded hands, compared to its average volume of 15,653,639. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $125.52 and a 52 week high of $139.38. The business has a fifty day moving average price of $130.40 and a two-hundred day moving average price of $134.53.

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.

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Institutional Ownership by Quarter for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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