L & S Advisors Inc Takes $2.09 Million Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

L & S Advisors Inc acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,944 shares of the exchange traded fund’s stock, valued at approximately $2,087,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Horizon Corp acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $26,000. EQ Wealth Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $41,000. Ares Financial Consulting LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $51,000. Imprint Wealth LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $93,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $109,000. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $107.86 on Monday. The stock’s 50 day moving average price is $109.10 and its 200 day moving average price is $110.24. The firm has a market capitalization of $30.57 billion, a PE ratio of 32.25 and a beta of 0.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $105.39 and a one year high of $112.93.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.