33,834 Shares in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 33,834 shares of the exchange traded fund’s stock, valued at approximately $3,615,000.

A number of other large investors also recently modified their holdings of LQD. Mascoma Wealth Management LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $47,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth approximately $61,000. PSI Advisors LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% in the 4th quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 520 shares during the last quarter. Quent Capital LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% during the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 277 shares in the last quarter. Finally, Adirondack Trust Co. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% during the 4th quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 424 shares in the last quarter. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

LQD opened at $109.61 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07. The stock’s fifty day moving average is $107.27 and its 200-day moving average is $109.47. The company has a market capitalization of $30.95 billion, a PE ratio of 33.07 and a beta of 0.43.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.