iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Stock Position Lifted by Advisors Preferred LLC

Advisors Preferred LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 403.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 80,989 shares of the exchange traded fund’s stock after buying an additional 64,906 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 1.3% of Advisors Preferred LLC’s holdings, making the stock its 21st biggest position. Advisors Preferred LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $9,031,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. First Horizon Corp purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at $30,000. Trust Co. of Vermont grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 255.7% in the third quarter. Trust Co. of Vermont now owns 313 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 225 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 34.6% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 350 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 90 shares in the last quarter. Finally, Canton Hathaway LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter worth about $42,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD opened at $111.59 on Friday. The company has a market capitalization of $28.78 billion, a PE ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $103.45 and a fifty-two week high of $112.93. The business has a 50-day moving average of $110.66 and a 200-day moving average of $110.92.

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.