Modus Advisors LLC Increases Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Modus Advisors LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 8.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,040 shares of the exchange traded fund’s stock after purchasing an additional 4,857 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises about 1.9% of Modus Advisors LLC’s portfolio, making the stock its 11th biggest position. Modus Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,167,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 214 shares in the last quarter. EQ Wealth Advisors LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $41,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $51,000. Imprint Wealth LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter worth $93,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $109,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of LQD stock opened at $108.17 on Friday. The firm has a market capitalization of $30.66 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. The business has a fifty day moving average of $108.91 and a 200 day moving average of $109.97. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $106.91 and a 1 year high of $112.93.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company 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.