AMJ Financial Wealth Management Grows Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

AMJ Financial Wealth Management lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 0.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 72,508 shares of the exchange traded fund’s stock after purchasing an additional 491 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises approximately 2.1% of AMJ Financial Wealth Management’s holdings, making the stock its 22nd largest holding. AMJ Financial Wealth Management’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,747,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mascoma Wealth Management LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $47,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at about $61,000. PSI Advisors LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 281.1% during the 4th quarter. PSI Advisors LLC now owns 705 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 520 shares in the last quarter. Quent Capital LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% during the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 277 shares in the last quarter. Finally, Adirondack Trust Co. boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.4% in the 4th quarter. Adirondack Trust Co. now owns 1,138 shares of the exchange traded fund’s stock worth $122,000 after acquiring an additional 424 shares during the period. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.1 %

LQD opened at $109.54 on Tuesday. The firm’s 50 day moving average is $107.32 and its 200-day moving average is $109.45. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $104.14 and a 52-week high of $114.07. The firm has a market capitalization of $30.93 billion, a P/E ratio of 33.07 and a beta of 0.43.

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.