Baird Financial Group Inc. Sells 78,092 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Baird Financial Group Inc. cut its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 43.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,722 shares of the exchange traded fund’s stock after selling 78,092 shares during the period. Baird Financial Group Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $11,150,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Trust Co. of Toledo NA OH purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth about $27,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $30,000. Bank of Jackson Hole Trust purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $49,000. Operose Advisors LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 584.2% in the first quarter. Operose Advisors LLC now owns 1,129 shares of the exchange traded fund’s stock worth $123,000 after buying an additional 964 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 18.4% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 1,143 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 178 shares during the period. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA LQD opened at $110.86 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $103.45 and a 12-month high of $112.93. The stock’s fifty day simple moving average is $111.44 and its two-hundred day simple moving average is $110.00. The stock has a market capitalization of $32.05 billion, a PE ratio of 32.25 and a beta of 0.46.

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.