Ameriflex Group Inc. Increases Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Ameriflex Group Inc. lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 1,438.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,477 shares of the exchange traded fund’s stock after purchasing an additional 6,056 shares during the period. Ameriflex Group Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $722,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% in the second 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 last quarter. SG Americas Securities LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 39,975.2% during the 2nd quarter. SG Americas Securities LLC now owns 859,213 shares of the exchange traded fund’s stock worth $94,178,000 after buying an additional 857,069 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 82.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,852,569 shares of the exchange traded fund’s stock worth $203,060,000 after acquiring an additional 839,768 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1,111.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 306,112 shares of the exchange traded fund’s stock worth $34,122,000 after acquiring an additional 280,834 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.9% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 678,805 shares of the exchange traded fund’s stock valued at $75,666,000 after acquiring an additional 234,900 shares during the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $110.16 on Friday. 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 firm has a market capitalization of $28.41 billion, a PE ratio of 32.25 and a beta of 0.46. The stock’s 50-day simple moving average is $110.81 and its 200-day simple moving average is $111.01.

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.