Ameriflex Group Inc. Reduces Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Ameriflex Group Inc. reduced its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 87.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 421 shares of the exchange traded fund’s stock after selling 2,935 shares during the quarter. Ameriflex Group Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $46,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of LQD. GAMMA Investing LLC grew its stake 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 raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 87.4% in the first quarter. Farther Finance Advisors LLC now owns 25,411 shares of the exchange traded fund’s stock worth $2,761,000 after purchasing an additional 11,848 shares in the last quarter. Kingswood Wealth Advisors LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 121.7% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 27,122 shares of the exchange traded fund’s stock worth $2,947,000 after acquiring an additional 14,890 shares in the last quarter. Summit Financial LLC increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 7.4% during the first quarter. Summit Financial LLC now owns 68,115 shares of the exchange traded fund’s stock worth $7,403,000 after purchasing an additional 4,708 shares in the last quarter. Finally, MetLife Investment Management LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% in the first quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock valued at $103,610,000 after buying an additional 915,760 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of LQD stock opened at $111.55 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $103.45 and a fifty-two week high of $112.64. The firm has a market capitalization of $31.83 billion, a price-to-earnings ratio of 32.25 and a beta of 0.33. The stock’s 50-day simple moving average is $110.52 and its 200-day simple moving average is $108.63.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.