Fisher Asset Management LLC Sells 569,883 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Fisher Asset Management LLC lowered its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,504,232 shares of the exchange traded fund’s stock after selling 569,883 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $374,392,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of LQD. NYL Investors LLC raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% in the third quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock valued at $1,007,409,000 after purchasing an additional 1,124,415 shares in the last quarter. Empower Annuity Insurance Co purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter valued at $277,575,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after acquiring an additional 1,961,934 shares during the last quarter. Money Design Co. Ltd. grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.3% in the fourth quarter. Money Design Co. Ltd. now owns 1,470,231 shares of the exchange traded fund’s stock worth $157,476,000 after acquiring an additional 60,163 shares in the last quarter. Finally, BNP Paribas increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% in the third quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock valued at $163,352,000 after acquiring an additional 1,303,725 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.4 %

Shares of LQD stock opened at $109.61 on Friday. The business has a 50-day moving average price of $107.27 and a two-hundred day moving average price of $109.48. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07. The firm has a market cap of $30.95 billion, a P/E ratio of 33.07 and a beta of 0.43.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.