Vermillion & White Wealth Management Group LLC Cuts Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Vermillion & White Wealth Management Group LLC cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,029 shares of the exchange traded fund’s stock after selling 677 shares during the period. Vermillion & White Wealth Management Group LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $431,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Finley Financial LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at about $202,000. Adirondack Trust Co. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% during the 4th quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 424 shares during the last quarter. Avior Wealth Management LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 39.3% during the 4th quarter. Avior Wealth Management LLC now owns 23,651 shares of the exchange traded fund’s stock worth $2,527,000 after acquiring an additional 6,678 shares during the period. AlphaMark Advisors LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 19.3% in the 4th quarter. AlphaMark Advisors LLC now owns 4,791 shares of the exchange traded fund’s stock valued at $512,000 after purchasing an additional 775 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 78.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 12,232 shares of the exchange traded fund’s stock worth $1,307,000 after purchasing an additional 5,373 shares during the period. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.2%

Shares of NYSEARCA:LQD opened at $107.10 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $103.45 and a fifty-two week high of $114.07. The firm’s 50-day simple moving average is $107.32 and its 200-day simple moving average is $107.82. The company has a market cap of $28.84 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44.

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.