Sumitomo Mitsui Trust Group Inc. Lowers Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 59.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,725 shares of the exchange traded fund’s stock after selling 9,670 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $760,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in LQD. ORG Partners LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth about $28,000. PSI Advisors LLC boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% during the 2nd quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 125 shares during the last quarter. Anfield Capital Management LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at approximately $39,000. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at approximately $46,000. Finally, Quent Capital LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% during the third quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 414 shares in the last quarter. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.2 %

LQD stock opened at $108.69 on Wednesday. The firm’s 50 day moving average price is $110.86 and its 200-day moving average price is $109.50. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07.

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.