Franklin Resources Inc. cut its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 620,006 shares of the exchange traded fund’s stock after selling 18,477 shares during the period. Franklin Resources Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $74,717,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Evergreen Capital Management LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 46.8% during the second quarter. Evergreen Capital Management LLC now owns 179,538 shares of the exchange traded fund’s stock worth $21,636,000 after purchasing an additional 57,200 shares during the period. Trellus Management Company LLC acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $204,000. Mutual of Omaha Bank Wealth Management grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 21.4% during the second quarter. Mutual of Omaha Bank Wealth Management now owns 4,485 shares of the exchange traded fund’s stock worth $540,000 after purchasing an additional 790 shares during the period. Live Your Vision LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 19.1% during the second quarter. Live Your Vision LLC now owns 2,237 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 359 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $171,379,000.

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Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) opened at 120.62 on Thursday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 52 week low of $115.55 and a 52 week high of $123.51. The company’s 50 day moving average price is $120.91 and its 200-day moving average price is $119.56.

The business also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Investors of record on Wednesday, September 6th were issued a $0.3202 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 3.19%. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Friday, September 1st.

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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