Canada Pension Plan Investment Board purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,363,800 shares of the exchange traded fund’s stock, valued at approximately $646,392,000. iShares IBoxx $ Invest Grade Corp Bd Fd makes up 1.5% of Canada Pension Plan Investment Board’s holdings, making the stock its 14th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of LQD. GenTrust LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 216.0% in the second quarter. GenTrust LLC now owns 127,511 shares of the exchange traded fund’s stock valued at $15,366,000 after buying an additional 87,160 shares in the last quarter. Blue Sky Asset Management LLC bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $286,000. Solaris Asset Management LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 42.8% in the second quarter. Solaris Asset Management LLC now owns 7,005 shares of the exchange traded fund’s stock valued at $844,000 after buying an additional 2,100 shares in the last quarter. Aveo Capital Partners LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 3.3% in the second quarter. Aveo Capital Partners LLC now owns 10,481 shares of the exchange traded fund’s stock valued at $1,263,000 after buying an additional 335 shares in the last quarter. Finally, Insight 2811 Inc. bought a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $721,000.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) opened at 120.31 on Thursday. The stock has a 50 day moving average price of $120.75 and a 200 day moving average price of $118.98. iShares IBoxx $ Invest Grade Corp Bd Fd has a 52-week low of $115.55 and a 52-week high of $124.45. iShares IBoxx $ Invest Grade Corp Bd Fd also was the target of some unusual options trading on Monday. Traders acquired 19,500 put options on the company. This represents an increase of 394% compared to the typical volume of 3,946 put options.

The business also recently disclosed a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were issued a $0.3179 dividend. The ex-dividend date was Tuesday, August 1st. This represents a $3.81 dividend on an annualized basis and a yield of 3.17%.

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About iShares IBoxx $ Invest Grade Corp Bd Fd

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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Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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