Transcend Capital Advisors LLC Cuts Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Transcend Capital Advisors LLC reduced its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 36.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,708 shares of the exchange traded fund’s stock after selling 2,089 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $396,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. NYL Investors LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% during the third quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock worth $1,007,409,000 after buying an additional 1,124,415 shares during the period. Empower Annuity Insurance Co acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $277,575,000. Migdal Insurance & Financial Holdings Ltd. grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after buying an additional 1,961,934 shares during the period. Money Design Co. Ltd. grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.3% in the fourth quarter. Money Design Co. Ltd. now owns 1,470,231 shares of the exchange traded fund’s stock valued at $157,476,000 after purchasing an additional 60,163 shares during the last quarter. Finally, BNP Paribas grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% in the third quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock valued at $163,352,000 after purchasing an additional 1,303,725 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.4 %

LQD stock opened at $108.25 on Monday. The company’s 50 day simple moving average is $107.11 and its 200-day simple moving average is $109.49. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $104.14 and a 12 month high of $114.07.

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.