Bank of New York Mellon Corp Has $24.20 Million Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Bank of New York Mellon Corp cut its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 75.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,533 shares of the exchange traded fund’s stock after selling 709,229 shares during the period. Bank of New York Mellon Corp owned 0.08% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $24,203,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Continuum Advisory LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 124 shares during the last quarter. Mount Lucas Management LP increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.6% during the 3rd quarter. Mount Lucas Management LP now owns 6,681 shares of the exchange traded fund’s stock worth $755,000 after purchasing an additional 169 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,849 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 217 shares during the last quarter. Quent Capital LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% during the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 277 shares during the last quarter. Finally, Caitlin John LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.6% during the 4th quarter. Caitlin John LLC now owns 3,990 shares of the exchange traded fund’s stock worth $426,000 after purchasing an additional 316 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $108.32 on Monday. The firm has a market capitalization of $30.59 billion, a PE ratio of 33.07 and a beta of 0.43. The company’s 50-day moving average is $107.46 and its 200-day moving average is $109.37. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $104.14 and a fifty-two week high of $114.07.

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.