Sentinus LLC Purchases 9,702 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Sentinus LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 19.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,059 shares of the exchange traded fund’s stock after acquiring an additional 9,702 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises about 1.8% of Sentinus LLC’s portfolio, making the stock its 15th largest holding. Sentinus LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $6,310,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of LQD. BNP Paribas grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.2% in the 4th quarter. BNP Paribas now owns 1,665,560 shares of the exchange traded fund’s stock valued at $177,948,000 after acquiring an additional 219,708 shares during the period. Aspect Partners LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 33,367.4% in the 4th quarter. Aspect Partners LLC now owns 193,776 shares of the exchange traded fund’s stock valued at $20,703,000 after acquiring an additional 193,197 shares during the period. Marshall Wace LLP grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.4% in the 4th quarter. Marshall Wace LLP now owns 780,749 shares of the exchange traded fund’s stock valued at $83,415,000 after acquiring an additional 172,549 shares during the period. iA Global Asset Management Inc. boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% during the 4th quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock worth $65,301,000 after buying an additional 120,000 shares during the period. Finally, Mufg Securities Americas Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth about $10,684,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of LQD stock opened at $107.10 on Friday. The company has a market capitalization of $28.84 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. The company has a 50-day simple moving average of $107.32 and a 200 day simple moving average of $107.84. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $103.45 and a 52 week high of $114.07.

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.