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

Kingswood Wealth Advisors LLC lowered its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 56.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,716 shares of the exchange traded fund’s stock after selling 15,406 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,284,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Centennial Bank AR purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at approximately $34,000. Bogart Wealth LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 102.8% in the first quarter. Bogart Wealth LLC now owns 503 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 255 shares in the last quarter. Operose Advisors LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 584.2% in the first quarter. Operose Advisors LLC now owns 1,129 shares of the exchange traded fund’s stock valued at $123,000 after purchasing an additional 964 shares in the last quarter. Wedgewood Investors Inc. PA purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at approximately $201,000. Finally, Sanibel Captiva Trust Company Inc. purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at approximately $241,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD stock opened at $111.40 on Wednesday. The business has a 50 day simple moving average of $110.61 and a 200-day simple moving average of $108.66. The firm has a market capitalization of $31.50 billion, a PE ratio of 32.25 and a beta of 0.33. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $103.45 and a 1 year high of $112.64.

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.