Montecito Bank & Trust purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,102 shares of the exchange traded fund’s stock, valued at approximately $1,141,000.
Other institutional investors also recently bought and sold shares of the company. Graypoint LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% in the third quarter. Graypoint LLC now owns 34,216 shares of the exchange traded fund’s stock valued at $3,866,000 after purchasing an additional 1,810 shares in the last quarter. Crestwood Advisors Group LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% during the 3rd quarter. Crestwood Advisors Group LLC now owns 7,216 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 560 shares during the last quarter. United Advisor Group LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter valued at approximately $240,000. Innealta Capital LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 83,314.9% in the 3rd quarter. Innealta Capital LLC now owns 55,888 shares of the exchange traded fund’s stock worth $6,314,000 after acquiring an additional 55,821 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 70,648 shares of the exchange traded fund’s stock worth $7,982,000 after purchasing an additional 17,437 shares during the period. 89.30% of the stock is currently owned by hedge funds and other institutional investors.
iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance
Shares of NYSEARCA:LQD opened at $108.19 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $101.48 and a 12-month high of $114.07. The stock’s 50-day moving average price is $111.41 and its two-hundred day moving average price is $109.25.
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.
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