Jones Financial Companies Lllp Has $3.26 Million Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Jones Financial Companies Lllp raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 80.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 30,541 shares of the exchange traded fund’s stock after buying an additional 13,619 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $3,263,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of LQD. Janney Montgomery Scott LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 70,648 shares of the exchange traded fund’s stock valued at $7,982,000 after buying an additional 17,437 shares during the last quarter. United Advisor Group LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter valued at approximately $240,000. Crestwood Advisors Group LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% in the third quarter. Crestwood Advisors Group LLC now owns 7,216 shares of the exchange traded fund’s stock valued at $815,000 after acquiring an additional 560 shares during the last quarter. Graypoint LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% in the third quarter. Graypoint LLC now owns 34,216 shares of the exchange traded fund’s stock valued at $3,866,000 after acquiring an additional 1,810 shares during the last quarter. Finally, Montecito Bank & Trust bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth approximately $1,141,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.3 %

Shares of LQD opened at $108.83 on Thursday. The firm has a market cap of $30.73 billion, a price-to-earnings ratio of 33.07 and a beta of 0.43. The company’s fifty day moving average is $107.40 and its 200-day moving average is $109.43. 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 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.