SBI Securities Co. Ltd. Has $5.60 Million Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

SBI Securities Co. Ltd. boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 19.7% in the 4th quarter, HoldingsChannel reports. The firm owned 50,841 shares of the exchange traded fund’s stock after acquiring an additional 8,379 shares during the period. SBI Securities Co. Ltd.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $5,602,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. First Horizon Corp acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB lifted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 34.6% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 350 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 90 shares during the last quarter. EQ Wealth Advisors LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at about $41,000. Canton Hathaway LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $42,000. Finally, Ares Financial Consulting LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at about $51,000. 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 $108.65 on Wednesday. The company has a market capitalization of $30.79 billion, a price-to-earnings ratio of 32.25 and a beta of 0.44. The company has a 50-day simple moving average of $109.53 and a 200 day simple moving average of $110.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $105.39 and a 52 week high of $112.93.

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.