Loomis Sayles & Co. L P Has $5.64 Million Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Loomis Sayles & Co. L P raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 48.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,949 shares of the exchange traded fund’s stock after acquiring an additional 16,254 shares during the period. Loomis Sayles & Co. L P’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $5,643,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. NYL Investors LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% in the 3rd quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock valued at $1,007,409,000 after acquiring an additional 1,124,415 shares in the last quarter. Empower Annuity Insurance Co bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth $277,575,000. Migdal Insurance & Financial Holdings Ltd. grew its position 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 acquiring an additional 1,961,934 shares during the last quarter. Money Design Co. Ltd. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.3% during the 3rd quarter. Money Design Co. Ltd. now owns 1,410,068 shares of the exchange traded fund’s stock worth $159,309,000 after buying an additional 83,156 shares during the period. Finally, Payden & Rygel acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth about $51,877,000. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of NYSEARCA:LQD opened at $109.87 on Thursday. The business’s 50-day moving average is $110.35 and its 200-day moving average is $109.59. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $104.14 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.