iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 77.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 71,757 shares of the exchange traded fund’s stock after purchasing an additional 31,271 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,821,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in LQD. 10Elms LLP increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.9% in the 4th quarter. 10Elms LLP now owns 6,306 shares of the exchange traded fund’s stock worth $695,000 after acquiring an additional 120 shares during the period. Cary Street Partners Financial LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 32,635 shares of the exchange traded fund’s stock valued at $3,596,000 after acquiring an additional 158 shares during the period. Whittier Trust Co. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.2% during the 4th quarter. Whittier Trust Co. now owns 1,283 shares of the exchange traded fund’s stock valued at $142,000 after acquiring an additional 160 shares in the last quarter. Sandhill Capital Partners LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% in the fourth quarter. Sandhill Capital Partners LLC now owns 2,621 shares of the exchange traded fund’s stock worth $289,000 after purchasing an additional 204 shares in the last quarter. Finally, Covestor Ltd increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.0% during the fourth quarter. Covestor Ltd now owns 1,714 shares of the exchange traded fund’s stock valued at $189,000 after purchasing an additional 210 shares during the period. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $108.64 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $106.93 and a 52 week high of $112.93. The stock has a market cap of $32.62 billion, a price-to-earnings ratio of 32.25 and a beta of 0.43. The company’s 50-day moving average price is $108.79 and its two-hundred day moving average price is $109.69.

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.