iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Stock: Indiana Trust & Investment Management Co Trims Position

Indiana Trust & Investment Management Co lowered its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 73.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,238 shares of the exchange traded fund’s stock after selling 9,160 shares during the period. Indiana Trust & Investment Management Co’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $331,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at about $40,000. SBI Securities Co. Ltd. boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 31.2% during the third quarter. SBI Securities Co. Ltd. now owns 53,180 shares of the exchange traded fund’s stock worth $5,434,000 after buying an additional 12,647 shares during the period. USA Financial Formulas acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $11,654,000. Nvwm LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.9% during the third quarter. Nvwm LLC now owns 81,366 shares of the exchange traded fund’s stock worth $8,314,000 after buying an additional 738 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $1,178,000. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 1.0%

NYSEARCA LQD opened at $104.28 on Friday. The firm has a market cap of $29.07 billion, a P/E ratio of 32.25 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $101.19 and a 52-week high of $112.93. The business’s 50-day moving average price is $104.31 and its 200 day moving average price is $106.89.

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.