Sonata Capital Group Inc. Buys New Shares in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Sonata Capital Group Inc. purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,843 shares of the exchange traded fund’s stock, valued at approximately $1,903,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of LQD. ORG Partners LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $28,000. PSI Advisors LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the 2nd quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 125 shares in the last quarter. Anfield Capital Management LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $39,000. 1620 Investment Advisors Inc. purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $46,000. Finally, Quent Capital LLC boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% in the third quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 414 shares during the period. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD traded up $0.45 during midday trading on Friday, reaching $109.92. The stock had a trading volume of 8,616,827 shares, compared to its average volume of 27,129,041. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $101.48 and a 12-month high of $114.07. The stock has a 50-day moving average of $111.41 and a 200-day moving average of $109.25.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.