iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Shares Sold by Sandy Spring Bank

Sandy Spring Bank cut its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 32.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 271 shares of the exchange traded fund’s stock after selling 128 shares during the period. Sandy Spring Bank’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $29,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in LQD. EverSource Wealth Advisors LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,637.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 14,949 shares of the exchange traded fund’s stock worth $1,597,000 after purchasing an additional 14,403 shares during the period. Mount Lucas Management LP lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.5% in the fourth quarter. Mount Lucas Management LP now owns 6,983 shares of the exchange traded fund’s stock valued at $746,000 after purchasing an additional 302 shares in the last quarter. AMJ Financial Wealth Management lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% in the fourth quarter. AMJ Financial Wealth Management now owns 72,508 shares of the exchange traded fund’s stock valued at $7,747,000 after purchasing an additional 491 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $3,615,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 80.5% during the fourth quarter. Jones Financial Companies Lllp now owns 30,541 shares of the exchange traded fund’s stock worth $3,263,000 after acquiring an additional 13,619 shares in the last quarter. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:LQD opened at $108.76 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 business has a fifty day simple moving average of $107.86 and a 200 day simple moving average of $109.16. The firm has a market cap of $30.49 billion, a price-to-earnings ratio of 32.64 and a beta of 0.45.

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.