United Advisor Group LLC Invests $240,000 in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

United Advisor Group LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,121 shares of the exchange traded fund’s stock, valued at approximately $240,000.

A number of other hedge funds have also bought and sold shares of LQD. ORG Partners LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth $28,000. PSI Advisors LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 125 shares during the period. Anfield Capital Management LLC bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $39,000. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $46,000. Finally, Quent Capital LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% in the 3rd quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 414 shares during the last quarter. 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 opened at $108.19 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $101.48 and a 12 month high of $114.07. The stock has a fifty day moving average price of $111.41 and a 200 day moving average price of $109.25.

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.