Watermark Asset Management Inc. Sells 655 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)

Watermark Asset Management Inc. lowered its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 2.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 29,648 shares of the exchange traded fund’s stock after selling 655 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for 1.6% of Watermark Asset Management Inc.’s portfolio, making the stock its 18th biggest holding. Watermark Asset Management Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $3,345,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LQD. ELM Advisors LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $113,000. Bramshill Investments LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $131,000. Sage Advisory Services Ltd.Co. bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $217,000. Vantage Investment Advisors LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 75.9% during the 3rd quarter. Vantage Investment Advisors LLC now owns 3,669 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 1,583 shares in the last quarter. Finally, Ruggie Capital Group boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 77.4% during the 3rd quarter. Ruggie Capital Group now owns 2,516 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 1,098 shares in the last quarter.

LQD stock opened at $113.75 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $111.25 and a one year high of $121.18.

The company also recently disclosed a monthly dividend, which was paid on Monday, December 24th. Shareholders of record on Wednesday, December 19th were paid a dividend of $0.3516 per share. This represents a $4.22 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend was Tuesday, December 18th.

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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.

See Also: Investing in Dividend Stocks

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Institutional Ownership by Quarter for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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