Trust Co. of Toledo NA OH purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund purchased 250 shares of the exchange traded fund’s stock, valued at approximately $27,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NYL Investors LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 442.2% in the first quarter. NYL Investors LLC now owns 7,794,361 shares of the exchange traded fund’s stock valued at $847,169,000 after purchasing an additional 6,356,835 shares in the last quarter. Ameriprise Financial Inc. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 51.7% in the first quarter. Ameriprise Financial Inc. now owns 6,859,875 shares of the exchange traded fund’s stock valued at $744,605,000 after purchasing an additional 2,339,039 shares in the last quarter. Bank of New York Mellon Corp increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 469.8% in the first quarter. Bank of New York Mellon Corp now owns 1,290,878 shares of the exchange traded fund’s stock valued at $140,306,000 after purchasing an additional 1,064,345 shares in the last quarter. MetLife Investment Management LLC increased 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 purchasing an additional 915,760 shares in the last quarter. Finally, iA Global Asset Management Inc. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the first quarter. iA Global Asset Management Inc. now owns 661,200 shares of the exchange traded fund’s stock valued at $71,866,000 after purchasing an additional 50,000 shares in the last quarter. 89.30% of the stock is owned by institutional investors.
iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.3%
LQD opened at $111.73 on Tuesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $103.45 and a 1-year high of $112.64. The company has a market cap of $31.71 billion, a P/E ratio of 32.25 and a beta of 0.33. The company has a fifty day moving average price of $110.77 and a two-hundred day moving average price of $108.75.
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.
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Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report).
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