Wheelhouse Advisory Group LLC Reduces Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Wheelhouse Advisory Group LLC decreased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,298 shares of the exchange traded fund’s stock after selling 398 shares during the period. Wheelhouse Advisory Group LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. lifted its holdings in shares of 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 worth $1,509,000 after buying an additional 3,459 shares in the last quarter. Lazari Capital Management Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $409,000. SG Americas Securities LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8,602.5% during the 3rd quarter. SG Americas Securities LLC now owns 312,768 shares of the exchange traded fund’s stock worth $35,337,000 after purchasing an additional 309,174 shares during the last quarter. Peoples Bank KS boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 277.3% in the third quarter. Peoples Bank KS now owns 4,150 shares of the exchange traded fund’s stock valued at $469,000 after acquiring an additional 3,050 shares in the last quarter. Finally, Quent Capital LLC grew its stake in shares of 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 acquiring an additional 414 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA LQD opened at $107.12 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $104.14 and a 1 year high of $114.07. The stock’s fifty day moving average price is $107.91 and its 200 day moving average price is $109.66.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.