Adirondack Trust Co. Grows Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Adirondack Trust Co. raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 59.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,138 shares of the exchange traded fund’s stock after acquiring an additional 424 shares during the quarter. Adirondack Trust Co.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $122,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NYL Investors LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% during the 3rd quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock worth $1,007,409,000 after purchasing an additional 1,124,415 shares during the last quarter. Empower Annuity Insurance Co acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at $277,575,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after buying an additional 1,961,934 shares during the last quarter. BNP Paribas boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% during the 3rd quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock worth $163,352,000 after acquiring an additional 1,303,725 shares in the last quarter. Finally, Money Design Co. Ltd. increased 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 valued at $159,309,000 after acquiring an additional 83,156 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 $107.06 on Thursday. 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. The stock’s 50-day simple moving average is $107.94 and its 200-day simple moving average is $109.68.

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.