Investors purchased shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) on weakness during trading hours on Friday. $122.10 million flowed into the stock on the tick-up and $69.73 million flowed out of the stock on the tick-down, for a money net flow of $52.37 million into the stock. Of all stocks tracked, iShares IBoxx $ Invest Grade Corp Bd Fd had the 20th highest net in-flow for the day. iShares IBoxx $ Invest Grade Corp Bd Fd traded down ($0.47) for the day and closed at $115.47

The company also recently announced a monthly dividend, which was paid on Friday, April 6th. Investors of record on Tuesday, April 3rd were issued a $0.3369 dividend. The ex-dividend date of this dividend was Monday, April 2nd. This represents a $4.04 annualized dividend and a yield of 3.50%. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.33.

A number of institutional investors have recently modified their holdings of LQD. Certified Advisory Corp purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd in the 4th quarter worth $111,000. Wagner Wealth Management LLC purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd in the 4th quarter worth $133,000. Cable Hill Partners LLC lifted its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 13,921.6% in the 4th quarter. Cable Hill Partners LLC now owns 32,390 shares of the exchange traded fund’s stock worth $3,917,000 after purchasing an additional 32,159 shares in the last quarter. CNB Bank purchased a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd in the 4th quarter worth $167,000. Finally, William Blair Investment Management LLC lifted its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 0.5% in the 4th quarter. William Blair Investment Management LLC now owns 548,800 shares of the exchange traded fund’s stock worth $66,712,000 after purchasing an additional 2,900 shares in the last quarter.

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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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