Continuum Advisory LLC Trims Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Continuum Advisory LLC cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 5.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,832 shares of the exchange traded fund’s stock after selling 114 shares during the quarter. Continuum Advisory LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $196,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Cohen & Steers Inc. increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,407.7% during the fourth 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 period. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth $61,000. Quent Capital LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% in the fourth 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 period. Murphy & Mullick Capital Management Corp purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter worth $114,000. Finally, Adirondack Trust Co. grew its stake in 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 worth $122,000 after purchasing an additional 424 shares during the period. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.5%

Shares of LQD stock opened at $106.20 on Friday. The stock has a market cap of $28.60 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. The business’s fifty day moving average is $107.20 and its 200 day moving average is $107.77. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month 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.