Constant Guidance Financial LLC Reduces Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Constant Guidance Financial LLC trimmed its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 54.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,190 shares of the exchange traded fund’s stock after selling 13,170 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for approximately 1.0% of Constant Guidance Financial LLC’s holdings, making the stock its 19th biggest holding. Constant Guidance Financial LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,247,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Capricorn Fund Managers Ltd bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at approximately $1,271,000. BNP Paribas raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% during the 2nd quarter. BNP Paribas now owns 1,196,854 shares of the exchange traded fund’s stock valued at $131,187,000 after buying an additional 967,036 shares during the period. Alteri Wealth LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.6% during the 2nd quarter. Alteri Wealth LLC now owns 10,361 shares of the exchange traded fund’s stock valued at $1,136,000 after buying an additional 1,475 shares during the period. SBI Securities Co. Ltd. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.9% in the second quarter. SBI Securities Co. Ltd. now owns 39,159 shares of the exchange traded fund’s stock worth $4,292,000 after buying an additional 2,528 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 112.0% during the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 443,905 shares of the exchange traded fund’s stock worth $48,656,000 after buying an additional 234,470 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

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

LQD stock opened at $111.59 on Monday. The firm’s fifty day simple moving average is $110.66 and its two-hundred day simple moving average is $110.92. The stock has a market capitalization of $28.78 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month high of $112.93.

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.