NewEdge Advisors LLC Sells 29,462 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

NewEdge Advisors LLC trimmed its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 46.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,616 shares of the exchange traded fund’s stock after selling 29,462 shares during the period. NewEdge Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $3,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. GAMMA Investing LLC raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 9,033.6% during the first quarter. GAMMA Investing LLC now owns 10,869 shares of the exchange traded fund’s stock valued at $1,181,000 after buying an additional 10,750 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 87.4% during the first quarter. Farther Finance Advisors LLC now owns 25,411 shares of the exchange traded fund’s stock valued at $2,761,000 after buying an additional 11,848 shares during the period. AdvisorNet Financial Inc raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 49.5% in the first quarter. AdvisorNet Financial Inc now owns 589 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 195 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 121.7% during the first quarter. Kingswood Wealth Advisors LLC now owns 27,122 shares of the exchange traded fund’s stock valued at $2,947,000 after buying an additional 14,890 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% in the 1st quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock worth $103,610,000 after purchasing an additional 915,760 shares in the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.2%

NYSEARCA:LQD opened at $111.36 on Wednesday. The company’s 50 day moving average is $109.38 and its two-hundred day moving average is $108.25. The company has a market cap of $27.62 billion, a PE ratio of 32.25 and a beta of 0.33. 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.