iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Shares Sold by Cranberry Lake Advisors LLC

Cranberry Lake Advisors LLC reduced its position in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 21.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,000 shares of the exchange traded fund’s stock after selling 5,350 shares during the period. iShares IBoxx $ Invest Grade Corp Bd Fd comprises approximately 1.6% of Cranberry Lake Advisors LLC’s holdings, making the stock its 10th largest position. Cranberry Lake Advisors LLC’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $2,410,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 81.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock worth $112,000 after acquiring an additional 421 shares in the last quarter. Forward Management LLC purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter worth approximately $137,000. Portfolio Strategies Inc purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter worth approximately $184,000. Oppenheimer Asset Management Inc. increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 1,562 shares of the exchange traded fund’s stock worth $188,000 after acquiring an additional 34 shares in the last quarter. Finally, Burney Co. purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter worth approximately $202,000.

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iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) traded down 0.103% on Monday, hitting $121.115. 1,649,369 shares of the stock traded hands. The company’s 50 day moving average price is $120.94 and its 200-day moving average price is $119.53. iShares IBoxx $ Invest Grade Corp Bd Fd has a 12-month low of $115.55 and a 12-month high of $123.51.

The business also recently announced a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Wednesday, September 6th were issued a dividend of $0.3202 per share. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend was Friday, September 1st.

iShares IBoxx $ Invest Grade Corp Bd Fd 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.

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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