197,445 iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 21.6% during the third quarter, HoldingsChannel reports. The firm owned 1,110,491 shares of the exchange traded fund’s stock after acquiring an additional 197,445 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for 0.8% of Farther Finance Advisors LLC’s holdings, making the stock its 21st largest position. Farther Finance Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $113,470,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Adams Asset Advisors LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 9.5% during the 3rd quarter. Adams Asset Advisors LLC now owns 9,197 shares of the exchange traded fund’s stock worth $940,000 after buying an additional 798 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth $27,000. Operose Advisors LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 69.2% in the second quarter. Operose Advisors LLC now owns 4,506 shares of the exchange traded fund’s stock valued at $491,000 after buying an additional 1,843 shares in the last quarter. Compass Financial Management LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at about $251,000. Finally, Continuum Advisory LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at about $182,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.4%

NYSEARCA LQD traded up $0.37 during trading on Thursday, hitting $102.47. 37,320,112 shares of the company’s stock were exchanged, compared to its average volume of 33,283,598. The company has a market cap of $27.03 billion, a PE ratio of 32.25 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $101.19 and a fifty-two week high of $112.93. The stock’s 50 day moving average price is $105.04 and its two-hundred day moving average price is $107.31.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.