United Advisor Group LLC Buys Shares of 2,121 iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

United Advisor Group LLC purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the third quarter, HoldingsChannel reports. The firm purchased 2,121 shares of the exchange traded fund’s stock, valued at approximately $240,000.

A number of other institutional investors also recently made changes to their positions in the stock. NYL Investors LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 54.3% during the 1st quarter. NYL Investors LLC now owns 14,399,810 shares of the exchange traded fund’s stock valued at $1,568,427,000 after purchasing an additional 5,070,356 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8,602.5% during the 3rd quarter. SG Americas Securities LLC now owns 312,768 shares of the exchange traded fund’s stock valued at $35,337,000 after purchasing an additional 309,174 shares in the last quarter. iA Global Asset Management Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 27.7% in the 1st quarter. iA Global Asset Management Inc. now owns 567,200 shares of the exchange traded fund’s stock worth $61,779,000 after purchasing an additional 123,000 shares during the last quarter. Money Design Co. Ltd. raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.3% in the 3rd quarter. Money Design Co. Ltd. now owns 1,410,068 shares of the exchange traded fund’s stock worth $159,309,000 after purchasing an additional 83,156 shares in the last quarter. Finally, Summit Financial LLC lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1,868.1% during the second quarter. Summit Financial LLC now owns 62,663 shares of the exchange traded fund’s stock valued at $6,712,000 after purchasing an additional 59,479 shares during the last quarter. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA:LQD opened at $108.19 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $101.48 and a 1-year high of $114.07. The company has a 50 day moving average price of $111.41 and a 200 day moving average price of $109.25.

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.