iShares iBoxx $ Investment Grade Corporate Bond ETF $LQD Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 77.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 71,757 shares of the exchange traded fund’s stock after purchasing an additional 31,271 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,821,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Fort Washington Investment Advisors Inc. OH increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 391.3% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 15,836 shares of the exchange traded fund’s stock valued at $1,726,000 after buying an additional 12,613 shares during the last quarter. Burns J W & Co. Inc. NY lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.8% during the 1st quarter. Burns J W & Co. Inc. NY now owns 46,013 shares of the exchange traded fund’s stock worth $5,015,000 after buying an additional 4,872 shares during the last quarter. SG Americas Securities LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6,160.6% during the 1st quarter. SG Americas Securities LLC now owns 241,595 shares of the exchange traded fund’s stock worth $26,331,000 after buying an additional 237,736 shares during the last quarter. Park National Corp OH acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $43,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $227,000. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

LQD stock opened at $108.64 on Friday. The firm has a market cap of $32.62 billion, a P/E ratio of 32.25 and a beta of 0.43. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $106.93 and a 12-month high of $112.93. The stock’s 50 day simple moving average is $108.79 and its 200 day simple moving average is $109.69.

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.