iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Shares Sold by Redwood Investment Management LLC

Redwood Investment Management LLC reduced its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 61.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,348 shares of the exchange traded fund’s stock after selling 10,028 shares during the quarter. Redwood Investment Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $691,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Thompson Investment Management Inc. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 95.7% during the first quarter. Thompson Investment Management Inc. now owns 225 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 110 shares during the period. Trust Co. of Vermont acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the fourth quarter valued at about $50,000. Future Financial Wealth Managment LLC purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the first quarter valued at about $53,000. Tidemark LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $137,000. Finally, Baystate Wealth Management LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 83.2% during the 4th quarter. Baystate Wealth Management LLC now owns 1,277 shares of the exchange traded fund’s stock worth $141,000 after acquiring an additional 580 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

LQD stock traded up $0.03 during midday trading on Thursday, hitting $109.59. 4,921,342 shares of the stock were exchanged, compared to its average volume of 26,848,570. The stock’s 50-day moving average price is $107.86 and its 200-day moving average price is $107.68. 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.