Providence First Trust Co Has $13.86 Million Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Providence First Trust Co increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 45.2% in the 4th quarter, Holdings Channel reports. The fund owned 129,725 shares of the exchange traded fund’s stock after buying an additional 40,355 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises about 5.2% of Providence First Trust Co’s holdings, making the stock its 4th largest position. Providence First Trust Co’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $13,860,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in LQD. Mascoma Wealth Management LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $47,000. PSI Advisors LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% during the 4th quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 520 shares in the last quarter. Quent Capital LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% in the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock worth $79,000 after buying an additional 277 shares during the last quarter. Rosenberg Matthew Hamilton boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% in the third quarter. Rosenberg Matthew Hamilton now owns 1,068 shares of the exchange traded fund’s stock worth $121,000 after buying an additional 263 shares in the last quarter. Finally, Adirondack Trust Co. boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% in the fourth quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock worth $122,000 after buying an additional 424 shares in the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

LQD stock opened at $109.61 on Friday. The company has a market capitalization of $30.95 billion, a PE ratio of 33.07 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07. The company’s 50 day moving average price is $107.27 and its two-hundred day moving average price is $109.48.

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.