iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Sold by Private Trust Co. NA

Private Trust Co. NA cut its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 23.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,401 shares of the exchange traded fund’s stock after selling 2,324 shares during the period. Private Trust Co. NA’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $811,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NYL Investors LLC raised its position in shares of 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 worth $847,169,000 after acquiring an additional 6,356,835 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 51.7% in the 1st quarter. Ameriprise Financial Inc. now owns 6,859,875 shares of the exchange traded fund’s stock worth $744,605,000 after purchasing an additional 2,339,039 shares during the period. Bank of New York Mellon Corp boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 469.8% during the first quarter. Bank of New York Mellon Corp now owns 1,290,878 shares of the exchange traded fund’s stock worth $140,306,000 after purchasing an additional 1,064,345 shares in the last quarter. MetLife Investment Management LLC grew its holdings 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 during the period. Finally, iA Global Asset Management Inc. grew its holdings 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 during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of LQD stock opened at $112.20 on Friday. 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 $32.09 billion, a price-to-earnings ratio of 32.25 and a beta of 0.33. The stock has a 50 day simple moving average of $110.96 and a 200-day simple moving average of $108.85.

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.