Dorsey Wright & Associates Buys 19,139 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Dorsey Wright & Associates grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 589.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,387 shares of the exchange traded fund’s stock after buying an additional 19,139 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $2,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. 10Elms LLP increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.9% during the fourth quarter. 10Elms LLP now owns 6,306 shares of the exchange traded fund’s stock valued at $695,000 after acquiring an additional 120 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.5% in the fourth quarter. Cary Street Partners Financial LLC now owns 32,635 shares of the exchange traded fund’s stock worth $3,596,000 after purchasing an additional 158 shares during the last quarter. Whittier Trust Co. boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.2% in the fourth quarter. Whittier Trust Co. now owns 1,283 shares of the exchange traded fund’s stock worth $142,000 after purchasing an additional 160 shares during the last quarter. Sandhill Capital Partners LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% during the 4th quarter. Sandhill Capital Partners LLC now owns 2,621 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 204 shares during the period. Finally, Covestor Ltd grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.0% during the 4th quarter. Covestor Ltd now owns 1,714 shares of the exchange traded fund’s stock valued at $189,000 after purchasing an additional 210 shares during the period. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.1%

LQD opened at $107.56 on Friday. The company’s 50 day moving average is $108.49 and its 200 day moving average is $109.49. The company has a market cap of $35.24 billion, a price-to-earnings ratio of 32.25 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $106.93 and a 12-month high of $112.93.

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.