Interactive Financial Advisors trimmed its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 5.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 115,489 shares of the exchange traded fund’s stock after selling 6,461 shares during the period. iShares IBoxx $ Invest Grade Corp Bd Fd makes up 6.2% of Interactive Financial Advisors’ holdings, making the stock its 5th largest holding. Interactive Financial Advisors’ holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $14,039,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LQD. Bank of New York Mellon Corp raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 77,226 shares of the exchange traded fund’s stock valued at $9,307,000 after buying an additional 212 shares in the last quarter. FMR LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 8.0% during the second quarter. FMR LLC now owns 2,309,939 shares of the exchange traded fund’s stock valued at $278,370,000 after purchasing an additional 170,457 shares in the last quarter. FIL Ltd raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 2.1% during the second quarter. FIL Ltd now owns 91,436 shares of the exchange traded fund’s stock valued at $11,019,000 after purchasing an additional 1,912 shares in the last quarter. California Public Employees Retirement System acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at approximately $17,630,000. Finally, M&T Bank Corp raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 1.4% during the second quarter. M&T Bank Corp now owns 42,160 shares of the exchange traded fund’s stock valued at $5,081,000 after purchasing an additional 567 shares in the last quarter.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA LQD) traded down $0.37 on Monday, reaching $119.77. 6,797,800 shares of the company’s stock traded hands, compared to its average volume of 6,626,746. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1-year low of $115.62 and a 1-year high of $121.85. The firm has a market capitalization of $38,090.00 and a P/E ratio of 15.64.

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were given a dividend of $0.2541 per share. The ex-dividend date was Thursday, December 21st. This represents a $3.05 annualized dividend and a yield of 2.55%. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio is currently 49.22%.

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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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

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

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