Strategic Investment Advisors MI Purchases 8,909 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Strategic Investment Advisors MI increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 11.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,138 shares of the exchange traded fund’s stock after acquiring an additional 8,909 shares during the quarter. Strategic Investment Advisors MI’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $9,507,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $32,000. Jessup Wealth Management Inc bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at $33,000. Comprehensive Financial Planning Inc. PA increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 214 shares during the period. EQ Wealth Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at about $41,000. Finally, Park National Corp OH bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the first quarter worth about $43,000. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.6%

LQD stock opened at $106.22 on Thursday. The company’s 50-day moving average price is $108.24 and its two-hundred day moving average price is $109.27. The firm has a market cap of $34.06 billion, a P/E ratio of 32.25 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $106.07 and a 12 month high of $112.93.

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.