Janney Montgomery Scott LLC Sells 3,265 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Janney Montgomery Scott LLC decreased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 4.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,383 shares of the exchange traded fund’s stock after selling 3,265 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,199,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 5,502 shares of the exchange traded fund’s stock valued at $622,000 after purchasing an additional 98 shares in the last quarter. Continuum Advisory LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% in the third quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock valued at $211,000 after buying an additional 124 shares in the last quarter. Mount Lucas Management LP increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.6% during the third quarter. Mount Lucas Management LP now owns 6,681 shares of the exchange traded fund’s stock worth $755,000 after buying an additional 169 shares during the last quarter. HCR Wealth Advisors raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.9% during the third quarter. HCR Wealth Advisors now owns 5,186 shares of the exchange traded fund’s stock worth $586,000 after acquiring an additional 196 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the third quarter. First Horizon Advisors Inc. now owns 2,849 shares of the exchange traded fund’s stock valued at $322,000 after acquiring an additional 217 shares during the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of NYSEARCA LQD opened at $107.71 on Wednesday. The business’s 50 day moving average price is $107.88 and its two-hundred day moving average price is $109.67. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $104.14 and a twelve month high of $114.07.

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.