Burns J W & Co. Inc. NY Lowers Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Burns J W & Co. Inc. NY decreased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 2.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,523 shares of the exchange traded fund’s stock after selling 560 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $2,453,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Thompson Investment Management Inc. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 95.7% during the 1st quarter. Thompson Investment Management Inc. now owns 225 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 110 shares during the period. AlphaMark Advisors LLC raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 3,750.0% during the 4th quarter. AlphaMark Advisors LLC now owns 385 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 375 shares during the period. Fortitude Family Office LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at $44,000. Trust Co. of Vermont bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter worth $50,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter worth $53,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA:LQD traded down $0.69 on Friday, reaching $107.12. 27,395,846 shares of the company’s stock traded hands, compared to its average volume of 21,748,226. The stock has a 50-day simple moving average of $106.91 and a 200-day simple moving average of $107.97. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $98.24 and a 12 month high of $111.40.

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.