Lazard Asset Management LLC Trims Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Lazard Asset Management LLC decreased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,165 shares of the exchange traded fund’s stock after selling 618 shares during the period. Lazard Asset Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $2,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cohen & Steers Inc. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,407.7% during the 4th quarter. Cohen & Steers Inc. now owns 326 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 313 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at about $61,000. Quent Capital LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% during the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock valued at $79,000 after buying an additional 277 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at about $114,000. Finally, Adirondack Trust Co. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% during the 4th quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock valued at $122,000 after buying an additional 424 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.2%

NYSEARCA:LQD opened at $107.10 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $103.45 and a 52 week high of $114.07. The stock has a market capitalization of $28.84 billion, a PE ratio of 32.25 and a beta of 0.44. The stock’s 50-day moving average price is $107.32 and its 200-day moving average price is $107.83.

iShares iBoxx $ Investment Grade Corporate Bond 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.