Cambridge Investment Research Advisors Inc. bought a new position in shares of iShares U.S. Credit Bond ETF (NASDAQ:CRED) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 30,148 shares of the company’s stock, valued at approximately $1,617,000. Cambridge Investment Research Advisors Inc. owned 0.21% of iShares U.S. Credit Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN boosted its stake in shares of iShares U.S. Credit Bond ETF by 111.8% during the 3rd quarter. Wells Fargo & Company MN now owns 1,246,175 shares of the company’s stock worth $66,820,000 after acquiring an additional 657,742 shares during the period. Sawtooth Solutions LLC bought a new stake in iShares U.S. Credit Bond ETF in the 3rd quarter valued at $46,262,000. Cornerstone Wealth Management LLC boosted its stake in iShares U.S. Credit Bond ETF by 26.5% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 827,442 shares of the company’s stock valued at $7,391,000 after purchasing an additional 173,168 shares during the period. CWM LLC boosted its stake in iShares U.S. Credit Bond ETF by 22.9% in the 3rd quarter. CWM LLC now owns 530,909 shares of the company’s stock valued at $28,467,000 after purchasing an additional 98,956 shares during the period. Finally, Bank of Montreal Can boosted its stake in iShares U.S. Credit Bond ETF by 122.7% in the 3rd quarter. Bank of Montreal Can now owns 383,563 shares of the company’s stock valued at $20,567,000 after purchasing an additional 211,327 shares during the period.

CRED opened at $107.61 on Monday. iShares U.S. Credit Bond ETF has a 1 year low of $106.38 and a 1 year high of $112.93.

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iShares U.S. Credit Bond ETF Company Profile

iShares Credit Bond ETF (the Fund), formerly iShares Barclays Credit Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Barclays U.S. Credit Bond Index (the Index), which measures the performance of investment-grade corporate debt and sovereign, supranational, local authority and non-United States agency bonds that are the United States dollar denominated and have a remaining maturity of greater than or equal to one year.

Read More: Fundamental Analysis – How It Helps Investors

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Institutional Ownership by Quarter for iShares U.S. Credit Bond ETF (NASDAQ:CRED)

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