AXS Investments LLC Grows Stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

AXS Investments LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 172.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,000 shares of the exchange traded fund’s stock after buying an additional 9,500 shares during the period. AXS Investments LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,660,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 262.2% in the third quarter. EverSource Wealth Advisors LLC now owns 1,293 shares of the exchange traded fund’s stock worth $132,000 after purchasing an additional 936 shares during the last quarter. NBC Securities Inc. bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $4,440,000. L.M. Kohn & Company bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $249,000. Janney Montgomery Scott LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 491.5% in the third quarter. Janney Montgomery Scott LLC now owns 320,463 shares of the exchange traded fund’s stock worth $32,694,000 after buying an additional 266,282 shares during the period. Finally, Cornerstone Planning Group LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 180.8% in the third quarter. Cornerstone Planning Group LLC now owns 2,454 shares of the exchange traded fund’s stock worth $250,000 after buying an additional 1,580 shares during the period. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.4 %

Shares of NYSEARCA LQD traded down $0.47 during trading on Thursday, hitting $106.69. The company had a trading volume of 23,230,687 shares, compared to its average volume of 29,171,713. The stock has a 50 day simple moving average of $106.73 and a 200 day simple moving average of $107.52. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $98.24 and a 12 month 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.