Farther Finance Advisors LLC Grows Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Farther Finance Advisors LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 54.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 472,813 shares of the exchange traded fund’s stock after buying an additional 166,701 shares during the quarter. Farther Finance Advisors LLC owned about 0.19% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $52,099,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capricorn Fund Managers Ltd purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $1,271,000. Advisors Preferred LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 403.6% during the third quarter. Advisors Preferred LLC now owns 80,989 shares of the exchange traded fund’s stock worth $9,031,000 after buying an additional 64,906 shares during the last quarter. Hilltop Holdings Inc. grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 12.6% during the third quarter. Hilltop Holdings Inc. now owns 213,430 shares of the exchange traded fund’s stock worth $23,791,000 after buying an additional 23,874 shares during the last quarter. Worth Asset Management LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $4,347,000. Finally, BNP Paribas grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 72.5% during the third quarter. BNP Paribas now owns 2,064,255 shares of the exchange traded fund’s stock worth $230,103,000 after buying an additional 867,401 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

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

NYSEARCA LQD opened at $109.98 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $105.39 and a 52-week high of $112.93. The business’s 50-day moving average price is $109.95 and its 200 day moving average price is $110.65. The firm has a market cap of $30.94 billion, a P/E ratio of 32.25 and a beta of 0.47.

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