iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Purchased by Modus Advisors LLC

Modus Advisors LLC boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,040 shares of the exchange traded fund’s stock after acquiring an additional 4,857 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for approximately 1.9% of Modus Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Modus Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,167,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of LQD. Penn Mutual Asset Management purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at about $142,182,000. BNP Paribas grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 72.5% during the 3rd quarter. BNP Paribas now owns 2,064,255 shares of the exchange traded fund’s stock valued at $230,103,000 after acquiring an additional 867,401 shares in the last quarter. Payden & Rygel purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at about $51,172,000. American Family Investments Inc. purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $25,210,000. Finally, Farther Finance Advisors LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 54.5% during the 4th quarter. Farther Finance Advisors LLC now owns 472,813 shares of the exchange traded fund’s stock valued at $52,099,000 after acquiring an additional 166,701 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $108.17 on Friday. The company’s 50 day simple moving average is $108.91 and its 200-day simple moving average is $109.97. The company has a market capitalization of $30.66 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $106.91 and a 1 year high of $112.93.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.