iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. decreased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 50.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 215,000 shares of the exchange traded fund’s stock after selling 215,000 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $23,792,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ST Germain D J Co. Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 194.4% during the third quarter. ST Germain D J Co. Inc. now owns 265 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 175 shares in the last quarter. Private Trust Co. NA raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.9% during the fourth quarter. Private Trust Co. NA now owns 10,234 shares of the exchange traded fund’s stock worth $1,132,000 after purchasing an additional 193 shares during the period. Heartwood Wealth Advisors LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.3% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 65,124 shares of the exchange traded fund’s stock valued at $7,207,000 after acquiring an additional 210 shares during the period. American Trust raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.7% in the 4th quarter. American Trust now owns 3,388 shares of the exchange traded fund’s stock valued at $357,000 after acquiring an additional 272 shares during the period. Finally, Hollencrest Capital Management raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% in the 1st quarter. Hollencrest Capital Management now owns 41,722 shares of the exchange traded fund’s stock valued at $4,573,000 after acquiring an additional 289 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 up $0.63 during mid-day trading on Wednesday, hitting $105.17. 17,492,562 shares of the company were exchanged, compared to its average volume of 31,036,281. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $98.24 and a twelve month high of $111.40. The firm has a fifty day simple moving average of $107.75 and a 200 day simple moving average of $106.48.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.