iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Position Increased by Hilltop Holdings Inc.

Hilltop Holdings Inc. grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 12.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 213,430 shares of the exchange traded fund’s stock after buying an additional 23,874 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for 1.3% of Hilltop Holdings Inc.’s holdings, making the stock its 10th biggest position. Hilltop Holdings Inc. owned 0.07% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $23,791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in LQD. Capricorn Fund Managers Ltd acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at $1,271,000. BNP Paribas lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 420.8% during the 2nd quarter. BNP Paribas now owns 1,196,854 shares of the exchange traded fund’s stock worth $131,187,000 after acquiring an additional 967,036 shares during the period. Alteri Wealth LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 16.6% during the 2nd quarter. Alteri Wealth LLC now owns 10,361 shares of the exchange traded fund’s stock valued at $1,136,000 after purchasing an additional 1,475 shares during the last quarter. Worth Asset Management LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at about $4,347,000. Finally, Advisors Preferred LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 403.6% in the third quarter. Advisors Preferred LLC now owns 80,989 shares of the exchange traded fund’s stock valued at $9,031,000 after purchasing an additional 64,906 shares during the period. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of LQD stock opened at $108.17 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $103.45 and a fifty-two week high of $112.93. The firm has a market capitalization of $27.90 billion, a PE ratio of 32.25 and a beta of 0.46. The stock’s 50-day simple moving average is $110.71 and its 200-day simple moving average is $111.01.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.