Gradient Investments LLC Invests $546,000 in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD)

Gradient Investments LLC purchased a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 4,492 shares of the exchange traded fund’s stock, valued at approximately $546,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Novare Capital Management LLC acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the third quarter valued at about $108,000. Westwood Holdings Group Inc. acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $129,000. Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 45.9% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,367 shares of the exchange traded fund’s stock valued at $166,000 after acquiring an additional 430 shares during the last quarter. Resources Investment Advisors Inc. increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 936.4% during the fourth quarter. Resources Investment Advisors Inc. now owns 1,451 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 1,311 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 68.1% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,471 shares of the exchange traded fund’s stock valued at $178,000 after purchasing an additional 596 shares in the last quarter.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA LQD) opened at $117.22 on Tuesday. The firm has a market cap of $34,650.00 and a P/E ratio of 15.30. iShares IBoxx $ Invest Grade Corp Bd Fd has a twelve month low of $115.62 and a twelve month high of $121.85.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were issued a $0.3214 dividend. The ex-dividend date was Thursday, February 1st. This represents a $3.86 dividend on an annualized basis and a dividend yield of 3.29%. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. iShares IBoxx $ Invest Grade Corp Bd Fd’s payout ratio is 49.35%.

COPYRIGHT VIOLATION NOTICE: “Gradient Investments LLC Invests $546,000 in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD)” was first reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3195405/gradient-investments-llc-invests-546000-in-ishares-iboxx-invest-grade-corp-bd-fd-lqd.html.

iShares IBoxx $ Invest Grade Corp Bd Fd 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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD)

Receive News & Ratings for iShares IBoxx $ Invest Grade Corp Bd Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares IBoxx $ Invest Grade Corp Bd Fd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2018 Ticker Report. Google+.