iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Shares Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company grew its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 6.4% in the fourth quarter, HoldingsChannel reports. The firm owned 1,229,884 shares of the exchange traded fund’s stock after purchasing an additional 74,336 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $149,505,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Parametric Portfolio Associates LLC purchased a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $1,168,000. Janus Henderson Group PLC raised its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd by 2.2% during the second quarter. Janus Henderson Group PLC now owns 17,703 shares of the exchange traded fund’s stock valued at $2,133,000 after buying an additional 374 shares in the last quarter. Westwood Holdings Group Inc. bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $129,000. Intl Fcstone Inc. bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $589,000. Finally, Eqis Capital Management Inc. raised its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd by 6.7% during the third quarter. Eqis Capital Management Inc. now owns 212,693 shares of the exchange traded fund’s stock valued at $25,785,000 after buying an additional 13,427 shares in the last quarter.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA LQD) opened at $116.75 on Thursday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1-year low of $115.62 and a 1-year high of $121.85. The firm has a market capitalization of $34,390.00 and a PE ratio of 15.24.

The business also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were issued a dividend of $0.3214 per share. This is a positive change from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. This represents a $3.86 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Thursday, February 1st. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio (DPR) is 49.35%.

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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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

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

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