Bank of New York Mellon Corp Acquires 44,850 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Bank of New York Mellon Corp lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 69.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 108,998 shares of the exchange traded fund’s stock after purchasing an additional 44,850 shares during the period. Bank of New York Mellon Corp’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $11,787,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4,308.3% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,572,234 shares of the exchange traded fund’s stock worth $51,907,000 after acquiring an additional 8,377,777 shares during the last quarter. MetLife Investment Management LLC raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 275.7% during the fourth quarter. MetLife Investment Management LLC now owns 8,473,700 shares of the exchange traded fund’s stock worth $893,382,000 after acquiring an additional 6,218,000 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 136.2% during the first quarter. JPMorgan Chase & Co. now owns 7,235,424 shares of the exchange traded fund’s stock worth $793,075,000 after acquiring an additional 4,172,361 shares during the last quarter. Assetmark Inc. grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.9% during the 1st quarter. Assetmark Inc. now owns 5,061,859 shares of the exchange traded fund’s stock worth $554,830,000 after buying an additional 732,292 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 9.2% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 738,635 shares of the exchange traded fund’s stock worth $80,962,000 after buying an additional 62,130 shares during the period. Institutional investors own 92.21% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.8 %

Shares of NYSEARCA:LQD opened at $104.10 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $98.24 and a one year high of $112.51. The company has a 50 day moving average of $101.73 and a 200-day moving average of $105.00.

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.