Pinnacle Bancorp Inc. Purchases 785 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Pinnacle Bancorp Inc. raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 93.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,621 shares of the exchange traded fund’s stock after purchasing an additional 785 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $173,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in LQD. Mascoma Wealth Management LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth $47,000. Quent Capital LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% during the 3rd quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 414 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $55,000. Aspect Partners LLC bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $65,000. Finally, PSI Advisors LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% during the fourth quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 520 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

LQD opened at $106.69 on Friday. The company’s 50 day simple moving average is $108.17 and its 200-day simple moving average is $109.69. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07.

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.