First Horizon Advisors Inc. Buys 217 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

First Horizon Advisors Inc. boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 8.2% in the third quarter, Holdings Channel reports. The institutional investor owned 2,849 shares of the exchange traded fund’s stock after purchasing an additional 217 shares during the period. First Horizon Advisors Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $322,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. SG Americas Securities LLC raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8,602.5% in the 3rd quarter. SG Americas Securities LLC now owns 312,768 shares of the exchange traded fund’s stock worth $35,337,000 after buying an additional 309,174 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.4% during the second quarter. Continuum Advisory LLC now owns 1,822 shares of the exchange traded fund’s stock valued at $195,000 after purchasing an additional 403 shares during the last quarter. IFG Advisory LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.8% during the second quarter. IFG Advisory LLC now owns 82,246 shares of the exchange traded fund’s stock valued at $8,810,000 after purchasing an additional 4,500 shares during the period. NewSquare Capital LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $77,000. Finally, ORG Partners LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth approximately $28,000. 89.30% of the stock is owned by institutional investors.

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

Shares of LQD opened at $108.40 on Friday. The firm has a fifty day simple moving average of $110.58 and a two-hundred day simple moving average of $109.50. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1-year low of $104.14 and a 1-year high of $114.07.

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.