IHT Wealth Management LLC Buys 168,005 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

IHT Wealth Management LLC grew its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 115.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 313,249 shares of the exchange traded fund’s stock after purchasing an additional 168,005 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises approximately 1.0% of IHT Wealth Management LLC’s holdings, making the stock its 16th largest position. IHT Wealth Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $35,411,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Integrated Wealth Concepts LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 20.4% during the third quarter. Integrated Wealth Concepts LLC now owns 26,076 shares of the exchange traded fund’s stock valued at $2,946,000 after acquiring an additional 4,424 shares during the last quarter. L.M. Kohn & Company boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 64.3% during the 3rd quarter. L.M. Kohn & Company now owns 6,053 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 2,368 shares during the period. Captrust Financial Advisors grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.9% during the 3rd quarter. Captrust Financial Advisors now owns 73,843 shares of the exchange traded fund’s stock valued at $8,343,000 after purchasing an additional 2,054 shares during the last quarter. BNP Paribas boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% during the third quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock valued at $163,352,000 after buying an additional 1,303,725 shares during the period. Finally, Private Trust Co. NA grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 7.9% during the third quarter. Private Trust Co. NA now owns 9,844 shares of the exchange traded fund’s stock valued at $1,112,000 after buying an additional 724 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of LQD stock traded up $0.14 on Tuesday, reaching $110.48. 3,926,552 shares of the company’s stock were exchanged, compared to its average volume of 26,784,910. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $104.14 and a 52 week high of $114.07. The company’s fifty day simple moving average is $110.23 and its 200 day simple moving average is $109.65.

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.