Burns J W & Co. Inc. NY Lowers Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Burns J W & Co. Inc. NY lessened its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 2.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 22,523 shares of the exchange traded fund’s stock after selling 560 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $2,453,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 52.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,384,727 shares of the exchange traded fund’s stock valued at $651,400,000 after buying an additional 2,194,321 shares during the period. Money Design Co. Ltd. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 40.9% in the fourth quarter. Money Design Co. Ltd. now owns 970,018 shares of the exchange traded fund’s stock valued at $107,342,000 after acquiring an additional 281,460 shares in the last quarter. NYL Investors LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.8% in the fourth quarter. NYL Investors LLC now owns 9,329,454 shares of the exchange traded fund’s stock valued at $1,032,397,000 after purchasing an additional 253,373 shares during the period. New York State Common Retirement Fund acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth $15,795,000. Finally, Constant Guidance Financial LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 4,129.4% during the 4th quarter. Constant Guidance Financial LLC now owns 143,503 shares of the exchange traded fund’s stock worth $15,880,000 after purchasing an additional 140,110 shares during the period. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD stock traded down $0.69 during mid-day trading on Friday, reaching $107.12. The company had a trading volume of 27,395,846 shares, compared to its average volume of 21,748,226. The firm has a fifty day simple moving average of $106.91 and a 200 day simple moving average of $107.97. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $98.24 and a fifty-two week high of $111.40.

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.