iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Acquired by USA Financial Formulas

USA Financial Formulas grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 12.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 347,983 shares of the exchange traded fund’s stock after buying an additional 39,844 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up 6.5% of USA Financial Formulas’ investment portfolio, making the stock its 6th biggest holding. USA Financial Formulas’ holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $38,142,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in LQD. Centennial Bank AR acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the first quarter valued at about $34,000. Bogart Wealth LLC raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 102.8% during the first quarter. Bogart Wealth LLC now owns 503 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 255 shares during the last quarter. AdvisorNet Financial Inc raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 49.5% during the first quarter. AdvisorNet Financial Inc now owns 589 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 195 shares during the last quarter. Operose Advisors LLC raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 584.2% during the first quarter. Operose Advisors LLC now owns 1,129 shares of the exchange traded fund’s stock valued at $123,000 after buying an additional 964 shares during the last quarter. Finally, Wedgewood Investors Inc. PA bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at about $201,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.0%

NYSEARCA LQD opened at $111.51 on Thursday. The stock has a market cap of $27.65 billion, a P/E ratio of 32.25 and a beta of 0.33. The company’s 50-day simple moving average is $110.41 and its 200 day simple moving average is $108.59. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $103.45 and a twelve month high of $112.88.

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.