iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Shares Sold by J.Safra Asset Management Corp

J.Safra Asset Management Corp reduced its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 22.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,851 shares of the exchange traded fund’s stock after selling 12,911 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up approximately 0.4% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 26th largest position. J.Safra Asset Management Corp’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $4,804,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 70,648 shares of the exchange traded fund’s stock valued at $7,982,000 after buying an additional 17,437 shares during the period. United Advisor Group LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at approximately $240,000. Crestwood Advisors Group LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% in the third quarter. Crestwood Advisors Group LLC now owns 7,216 shares of the exchange traded fund’s stock worth $815,000 after acquiring an additional 560 shares during the period. Graypoint LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% during the third quarter. Graypoint LLC now owns 34,216 shares of the exchange traded fund’s stock worth $3,866,000 after acquiring an additional 1,810 shares during the last quarter. Finally, Montecito Bank & Trust purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at $1,141,000. 89.30% of the stock is owned by institutional investors and hedge funds.

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

Shares of LQD opened at $109.18 on Wednesday. The company’s 50-day moving average price is $107.37 and its 200 day moving average price is $109.44. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07. The firm has a market cap of $30.83 billion, a P/E ratio of 33.07 and a beta of 0.43.

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.