Lee Danner & Bass Inc. Takes $152,000 Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Lee Danner & Bass Inc. acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,425 shares of the exchange traded fund’s stock, valued at approximately $152,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. iA Global Asset Management Inc. boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% in the fourth quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock valued at $65,301,000 after acquiring an additional 120,000 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,637.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 14,949 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 14,403 shares in the last quarter. Mount Lucas Management LP boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.5% in the fourth quarter. Mount Lucas Management LP now owns 6,983 shares of the exchange traded fund’s stock valued at $746,000 after acquiring an additional 302 shares in the last quarter. AMJ Financial Wealth Management boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% in the fourth quarter. AMJ Financial Wealth Management now owns 72,508 shares of the exchange traded fund’s stock valued at $7,747,000 after acquiring an additional 491 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $3,615,000. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA:LQD opened at $108.76 on Friday. The stock has a market capitalization of $30.49 billion, a price-to-earnings ratio of 32.64 and a beta of 0.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $104.14 and a 1-year high of $114.07. The company has a 50 day moving average price of $107.86 and a 200 day moving average price of $109.17.

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.