iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. lowered its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 31.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,633 shares of the exchange traded fund’s stock after selling 4,890 shares during the period. Wedbush Securities Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,166,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LQD. NYL Investors LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 442.2% during the 1st quarter. NYL Investors LLC now owns 7,794,361 shares of the exchange traded fund’s stock worth $847,169,000 after buying an additional 6,356,835 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 51.7% during the 1st quarter. Ameriprise Financial Inc. now owns 6,859,875 shares of the exchange traded fund’s stock worth $744,605,000 after buying an additional 2,339,039 shares during the last quarter. Money Design Co. Ltd. lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.1% in the second quarter. Money Design Co. Ltd. now owns 1,558,854 shares of the exchange traded fund’s stock valued at $170,866,000 after buying an additional 89,453 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% in the first quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock valued at $103,610,000 after acquiring an additional 915,760 shares during the period. Finally, iA Global Asset Management Inc. raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the 1st quarter. iA Global Asset Management Inc. now owns 661,200 shares of the exchange traded fund’s stock valued at $71,866,000 after purchasing an additional 50,000 shares during 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

NYSEARCA LQD opened at $110.71 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $103.45 and a one year high of $112.93. The firm has a market cap of $32.01 billion, a PE ratio of 32.25 and a beta of 0.46. The firm’s fifty day moving average is $111.56 and its two-hundred day moving average is $109.45.

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.