Cheviot Value Management LLC Grows Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Cheviot Value Management LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 294,643 shares of the exchange traded fund’s stock after buying an additional 36,323 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 3.5% of Cheviot Value Management LLC’s holdings, making the stock its 6th biggest position. Cheviot Value Management LLC owned approximately 0.10% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $33,271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. First Horizon Corp bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $26,000. Trust Co. of Toledo NA OH bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at approximately $27,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $30,000. Trust Co. of Vermont grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 255.7% during the third quarter. Trust Co. of Vermont now owns 313 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 225 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 34.6% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 350 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 90 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

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

Shares of NYSEARCA:LQD opened at $110.84 on Friday. The stock has a market cap of $27.51 billion, a PE ratio of 32.25 and a beta of 0.46. The stock’s fifty day simple moving average is $110.69 and its two-hundred day simple moving average is $110.62. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $103.45 and a 1-year high of $112.93.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.