iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD is Hilltop Holdings Inc.’s 3rd Largest Position

Hilltop Holdings Inc. boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 15.7% during the first quarter, HoldingsChannel.com reports. The firm owned 257,303 shares of the exchange traded fund’s stock after acquiring an additional 34,847 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises approximately 2.5% of Hilltop Holdings Inc.’s holdings, making the stock its 3rd biggest holding. Hilltop Holdings Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $28,043,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at $32,000. Jessup Wealth Management Inc acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth $33,000. Comprehensive Financial Planning Inc. PA raised 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 buying an additional 214 shares during the period. EQ Wealth Advisors LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $41,000. Finally, Park National Corp OH acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at $43,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.0%

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $106.23 on Friday. The business’s fifty day moving average price is $108.30 and its 200 day moving average price is $109.36. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $106.07 and a twelve month high of $112.93. The stock has a market capitalization of $34.28 billion, a P/E ratio of 32.25 and a beta of 0.43.

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