Worth Asset Management LLC Invests $4.35 Million in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Worth Asset Management LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 39,001 shares of the exchange traded fund’s stock, valued at approximately $4,347,000. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up about 2.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 14th biggest position.

Several other large investors have also added to or reduced their stakes in LQD. JPMorgan Chase & Co. grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 82.9% in the second quarter. JPMorgan Chase & Co. now owns 1,852,569 shares of the exchange traded fund’s stock valued at $203,060,000 after purchasing an additional 839,768 shares in the last quarter. Money Design Co. Ltd. boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.1% during the 2nd quarter. Money Design Co. Ltd. now owns 1,558,854 shares of the exchange traded fund’s stock worth $170,866,000 after buying an additional 89,453 shares during the last quarter. BNP Paribas grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% in the 2nd quarter. BNP Paribas now owns 1,196,854 shares of the exchange traded fund’s stock valued at $131,187,000 after acquiring an additional 967,036 shares in the last quarter. SG Americas Securities LLC increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 39,975.2% in the second quarter. SG Americas Securities LLC now owns 859,213 shares of the exchange traded fund’s stock valued at $94,178,000 after acquiring an additional 857,069 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 112.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 443,905 shares of the exchange traded fund’s stock valued at $48,656,000 after acquiring an additional 234,470 shares during the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $110.64 on Friday. The stock has a 50 day moving average price of $111.10 and a 200 day moving average price of $110.34. The stock has a market capitalization of $31.99 billion, a PE ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $103.45 and a 52 week high of $112.93.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company 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.