Investors sold shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) on strength during trading on Thursday. $55.53 million flowed into the stock on the tick-up and $129.71 million flowed out of the stock on the tick-down, for a money net flow of $74.18 million out of the stock. Of all stocks tracked, iShares IBoxx $ Invest Grade Corp Bd Fd had the 0th highest net out-flow for the day. iShares IBoxx $ Invest Grade Corp Bd Fd traded up $0.21 for the day and closed at $121.61

The firm’s 50 day moving average is $120.91 and its 200-day moving average is $119.39.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 8th. Investors of record on Wednesday, September 6th will be issued a dividend of $0.3202 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend is Friday, September 1st. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32.

A number of institutional investors have recently bought and sold shares of LQD. Trellus Management Company LLC bought a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at $204,000. Mutual of Omaha Bank Wealth Management increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 21.4% in the second quarter. Mutual of Omaha Bank Wealth Management now owns 4,485 shares of the exchange traded fund’s stock valued at $540,000 after buying an additional 790 shares during the last quarter. Personal Capital Advisors Corp increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 13.7% in the second quarter. Personal Capital Advisors Corp now owns 821,921 shares of the exchange traded fund’s stock valued at $99,050,000 after buying an additional 98,764 shares during the last quarter. GenTrust LLC increased its position in shares of 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 during the last quarter. Finally, Evergreen Capital Management LLC increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 46.8% in the second quarter. Evergreen Capital Management LLC now owns 179,538 shares of the exchange traded fund’s stock valued at $21,636,000 after buying an additional 57,200 shares during the last quarter.

WARNING: “Investors Sell Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) on Strength (LQD)” was originally published by Daily Political and is the property of of Daily Political. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.dailypolitical.com/2017/09/02/investors-sell-shares-of-ishares-iboxx-invest-grade-corp-bd-fd-lqd-on-strength-lqd-5.html.

iShares IBoxx $ Invest Grade Corp Bd Fd Company 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.