Prime Capital Investment Advisors LLC Trims Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Prime Capital Investment Advisors LLC lessened its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 6.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 122,601 shares of the exchange traded fund’s stock after selling 8,471 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $13,851,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mascoma Wealth Management LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $47,000. Empower Annuity Insurance Co acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $277,575,000. Migdal Insurance & Financial Holdings Ltd. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after buying an additional 1,961,934 shares during the period. Sonata Capital Group Inc. purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at approximately $1,903,000. Finally, Montecito Bank & Trust acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth $1,141,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.3 %

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock traded down $0.28 during trading hours on Tuesday, reaching $109.36. 671,659 shares of the company were exchanged, compared to its average volume of 26,983,422. The stock’s fifty day moving average is $111.31 and its 200 day moving average is $109.38. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $101.65 and a 1 year high of $114.07.

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.