Janney Montgomery Scott LLC Has $4.85 Million Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Janney Montgomery Scott LLC cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 29.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,212 shares of the exchange traded fund’s stock after selling 18,202 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,846,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 9,033.6% in the 1st 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 in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 87.4% during the 1st 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 grew its holdings 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 purchasing an additional 14,890 shares in the last quarter. Summit Financial LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 7.4% during the 1st quarter. Summit Financial LLC now owns 68,115 shares of the exchange traded fund’s stock worth $7,403,000 after buying an additional 4,708 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% during the 1st quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock worth $103,610,000 after buying an additional 915,760 shares during the last quarter. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.3%

Shares of LQD stock opened at $111.19 on Tuesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month high of $112.64. The company has a market cap of $31.44 billion, a P/E ratio of 32.25 and a beta of 0.33. The business has a fifty day simple moving average of $110.57 and a 200 day simple moving average of $108.64.

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.