Rock Creek Group LP Takes Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Rock Creek Group LP bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 4,500 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Other large investors have also added to or reduced their stakes in the company. NYL Investors LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 442.2% during the 1st quarter. NYL Investors LLC now owns 7,794,361 shares of the exchange traded fund’s stock worth $847,169,000 after buying an additional 6,356,835 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 51.7% during the first quarter. Ameriprise Financial Inc. now owns 6,859,875 shares of the exchange traded fund’s stock valued at $744,605,000 after purchasing an additional 2,339,039 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 82.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,852,569 shares of the exchange traded fund’s stock worth $203,060,000 after purchasing an additional 839,768 shares in the last quarter. Money Design Co. Ltd. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.1% in the 2nd quarter. Money Design Co. Ltd. now owns 1,558,854 shares of the exchange traded fund’s stock valued at $170,866,000 after buying an additional 89,453 shares during the period. Finally, MetLife Investment Management LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,442.0% in the 1st quarter. MetLife Investment Management LLC now owns 953,260 shares of the exchange traded fund’s stock valued at $103,610,000 after buying an additional 915,760 shares during the period. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $110.92 on Friday. The business has a 50-day simple moving average of $111.50 and a 200 day simple moving average of $109.65. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $103.45 and a one year high of $112.93. The firm has a market capitalization of $32.07 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46.

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.