NYL Investors LLC Lowers Stake in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

NYL Investors LLC decreased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 68.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 262,632 shares of the exchange traded fund’s stock after selling 577,293 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises approximately 9.6% of NYL Investors LLC’s portfolio, making the stock its 3rd biggest holding. NYL Investors LLC owned 0.09% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $29,276,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 34.6% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 350 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 90 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.8% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,496 shares of the exchange traded fund’s stock valued at $274,000 after acquiring an additional 92 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 2,250 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 169 shares during the period. Boyd Watterson Asset Management LLC OH lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 18.4% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 1,143 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 178 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.7% during the third quarter. Kingswood Wealth Advisors LLC now owns 11,913 shares of the exchange traded fund’s stock worth $1,328,000 after purchasing an additional 197 shares during the period. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.0%

LQD opened at $110.11 on Wednesday. The firm has a 50-day moving average price of $110.66 and a 200-day moving average price of $110.75. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month high of $112.93. The company has a market capitalization of $28.68 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.