Cascades Capital Asset Management LLC Acquires New Shares in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Cascades Capital Asset Management LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,575 shares of the exchange traded fund’s stock, valued at approximately $275,000.

Several other large investors have also recently added to or reduced their stakes in LQD. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth about $61,000. PSI Advisors LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% during the 4th quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock valued at $75,000 after purchasing an additional 520 shares during the period. Quent Capital LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% in the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 277 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at approximately $114,000. Finally, Adirondack Trust Co. increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% in the fourth quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock valued at $122,000 after purchasing an additional 424 shares during the period. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1 %

Shares of NYSEARCA LQD opened at $108.78 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07. The company has a market cap of $30.49 billion, a PE ratio of 32.87 and a beta of 0.45. The stock has a 50 day simple moving average of $108.25 and a 200-day simple moving average of $108.89.

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.