Adirondack Trust Co. Boosts Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Adirondack Trust Co. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 59.4% during the fourth quarter, HoldingsChannel reports. The firm owned 1,138 shares of the exchange traded fund’s stock after purchasing an additional 424 shares during the quarter. Adirondack Trust Co.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $122,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Mascoma Wealth Management LLC purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at $47,000. Quent Capital LLC boosted its holdings 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 valued at $53,000 after acquiring an additional 414 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $55,000. Aspect Partners LLC purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $65,000. Finally, PSI Advisors LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% during the fourth quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 520 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.3 %

Shares of LQD opened at $107.06 on Thursday. The stock’s 50 day moving average is $107.94 and its two-hundred day moving average is $109.68. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $104.14 and a twelve month high of $114.07.

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.