iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Stock: Turn8 Private Wealth Inc. Raises Holdings

Turn8 Private Wealth Inc. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 18.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 45,796 shares of the exchange traded fund’s stock after purchasing an additional 7,187 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for approximately 3.2% of Turn8 Private Wealth Inc.’s holdings, making the stock its 13th biggest holding. Turn8 Private Wealth Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,679,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in LQD. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $35,000. Root Financial Partners LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $40,000. John Boyer Inc. acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at about $54,000. Finally, Carolina Wealth Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at about $83,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.8%

NYSEARCA:LQD opened at $103.88 on Wednesday. The firm has a market cap of $32.49 billion, a PE ratio of 32.25 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $101.19 and a 12 month high of $112.06. The company’s 50-day moving average price is $103.78 and its two-hundred day moving average price is $107.48.

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.