Strategic Investment Advisors MI Has $9.51 Million Stake in iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD

Strategic Investment Advisors MI raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 11.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,138 shares of the exchange traded fund’s stock after acquiring an additional 8,909 shares during the period. Strategic Investment Advisors MI’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $9,507,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at $32,000. Jessup Wealth Management Inc bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at $33,000. Comprehensive Financial Planning Inc. PA raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% in the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 214 shares during the last quarter. EQ Wealth Advisors LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $41,000. Finally, Park National Corp OH acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at $43,000. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD opened at $106.22 on Thursday. The firm has a 50 day simple moving average of $108.24 and a 200 day simple moving average of $109.27. The company has a market cap of $34.06 billion, a price-to-earnings ratio of 32.25 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $106.07 and a fifty-two week high of $112.93.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.