IHT Wealth Management LLC Trims Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

IHT Wealth Management LLC trimmed its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 47.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 163,056 shares of the exchange traded fund’s stock after selling 150,193 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $17,421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Modus Advisors LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.7% in the fourth quarter. Modus Advisors LLC now owns 58,202 shares of the exchange traded fund’s stock worth $6,218,000 after purchasing an additional 1,508 shares during the last quarter. Graypoint LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.8% in the fourth quarter. Graypoint LLC now owns 44,057 shares of the exchange traded fund’s stock worth $4,707,000 after purchasing an additional 9,841 shares during the last quarter. Burns J W & Co. Inc. NY lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 27.3% during the 4th quarter. Burns J W & Co. Inc. NY now owns 36,752 shares of the exchange traded fund’s stock valued at $3,927,000 after buying an additional 7,890 shares in the last quarter. PSI Advisors LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% in the 4th quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 520 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 97.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,072 shares of the exchange traded fund’s stock worth $435,000 after acquiring an additional 2,010 shares during the period. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.1 %

Shares of NYSEARCA:LQD opened at $106.75 on Monday. The business’s 50 day moving average is $107.91 and its 200 day moving average is $108.28. The stock has a market cap of $29.20 billion, a P/E ratio of 32.28 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $103.45 and a 52-week high of $114.07.

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.