iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Reaches New 12-Month High at $113.91

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $113.91 and last traded at $113.91, with a volume of 4638 shares. The stock had previously closed at $113.71.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.0 %

The firm has a 50 day moving average price of $110.45 and a 200-day moving average price of $108.33.

Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Lazari Capital Management Inc. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at $409,000. Sunbelt Securities Inc. lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.5% in the second quarter. Sunbelt Securities Inc. now owns 14,088 shares of the exchange traded fund’s stock valued at $1,509,000 after acquiring an additional 3,459 shares during the last quarter. Alley Investment Management Company LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% in the second quarter. Alley Investment Management Company LLC now owns 185,269 shares of the exchange traded fund’s stock valued at $19,846,000 after buying an additional 9,898 shares during the last quarter. Hollencrest Capital Management grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% during the second quarter. Hollencrest Capital Management now owns 13,315 shares of the exchange traded fund’s stock worth $1,426,000 after buying an additional 98 shares during the last quarter. Finally, Rathbones Group PLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.7% during the second quarter. Rathbones Group PLC now owns 9,499 shares of the exchange traded fund’s stock worth $1,018,000 after buying an additional 600 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

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.