iA Global Asset Management Inc. Has $50.30 Million Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

iA Global Asset Management Inc. trimmed its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 31.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 451,200 shares of the exchange traded fund’s stock after selling 210,000 shares during the quarter. iA Global Asset Management Inc. owned 0.16% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $50,295,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Keystone Global Partners LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.2% in the 2nd quarter. Keystone Global Partners LLC now owns 65,469 shares of the exchange traded fund’s stock valued at $7,176,000 after buying an additional 14,391 shares during the period. Fifth Third Securities Inc. lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% during the 2nd quarter. Fifth Third Securities Inc. now owns 48,678 shares of the exchange traded fund’s stock worth $5,336,000 after acquiring an additional 2,579 shares during the period. USA Financial Formulas boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 12.9% during the 2nd quarter. USA Financial Formulas now owns 347,983 shares of the exchange traded fund’s stock valued at $38,142,000 after acquiring an additional 39,844 shares in the last quarter. Trust Co. of Toledo NA OH bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at about $27,000. Finally, Richardson Financial Services Inc. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 50.4% in the second quarter. Richardson Financial Services Inc. now owns 2,542 shares of the exchange traded fund’s stock valued at $278,000 after acquiring an additional 852 shares during the period. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.2%

Shares of LQD opened at $110.77 on Friday. The company has a 50-day moving average price of $110.68 and a two-hundred day moving average price of $110.58. The stock has a market cap of $27.57 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $103.45 and a 12 month high of $112.93.

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