Golden State Wealth Management LLC Has $169,000 Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Golden State Wealth Management LLC cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 21.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,554 shares of the exchange traded fund’s stock after selling 425 shares during the quarter. Golden State Wealth Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $169,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cohen & Steers Inc. increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,407.7% in the fourth quarter. Cohen & Steers Inc. now owns 326 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 313 shares during the last quarter. AdvisorNet Financial Inc grew 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 valued at $64,000 after purchasing an additional 195 shares in the last quarter. Park Square Financial Group LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $91,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $114,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $152,000. 89.30% of the stock is currently owned by institutional investors and hedge funds.

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

NYSEARCA:LQD opened at $109.06 on Friday. The stock has a market capitalization of $29.80 billion, a PE ratio of 32.25 and a beta of 0.33. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $103.45 and a 1-year high of $114.07. The firm has a fifty day simple moving average of $107.60 and a 200 day simple moving average of $107.48.

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.