iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC reduced its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 66.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,277 shares of the exchange traded fund’s stock after selling 8,544 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $437,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new position 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 stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at about $35,000. Root Financial Partners LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $40,000. Carolina Wealth Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $83,000. Finally, NBT Bank N A NY raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 646.4% in the first quarter. NBT Bank N A NY now owns 821 shares of the exchange traded fund’s stock worth $89,000 after purchasing an additional 711 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

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

Shares of LQD opened at $104.27 on Friday. The company has a 50-day moving average price of $104.09 and a two-hundred day moving average price of $107.71. The stock has a market cap of $30.49 billion, a price-to-earnings 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.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.