Strategic Wealth Partners Ltd. Purchases 444 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Strategic Wealth Partners Ltd. boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 0.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 157,356 shares of the exchange traded fund’s stock after acquiring an additional 444 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises approximately 1.4% of Strategic Wealth Partners Ltd.’s investment portfolio, making the stock its 10th largest position. Strategic Wealth Partners Ltd.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $16,927,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.2% during 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 last quarter. Aspect Partners LLC increased 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 worth $20,703,000 after purchasing an additional 193,197 shares during the last quarter. Marshall Wace LLP raised its stake 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 purchasing an additional 172,549 shares in the last quarter. iA Global Asset Management Inc. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% in the 4th quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock valued at $65,301,000 after purchasing an additional 120,000 shares in the last quarter. Finally, Mufg Securities Americas Inc. bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth about $10,684,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:LQD 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. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $103.45 and a one year high of $114.07. The stock has a 50-day simple moving average of $107.32 and a 200 day simple moving average of $107.83.

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.