Fisher Asset Management LLC Cuts Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Fisher Asset Management LLC trimmed its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 74.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,074,115 shares of the exchange traded fund’s stock after selling 11,964,160 shares during the period. Fisher Asset Management LLC owned about 1.58% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $460,294,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Industrial Alliance Investment Management Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $286,000. iA Global Asset Management Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 27.7% during the first quarter. iA Global Asset Management Inc. now owns 567,200 shares of the exchange traded fund’s stock valued at $61,779,000 after buying an additional 123,000 shares during the last quarter. Modus Advisors LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.9% in the second quarter. Modus Advisors LLC now owns 54,506 shares of the exchange traded fund’s stock worth $5,839,000 after buying an additional 472 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $103,000. Finally, Olistico Wealth LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $112,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.1 %

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $108.40 on Monday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07. The business’s 50 day simple moving average is $110.58 and its two-hundred day simple moving average is $109.54.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.