Crestwood Advisors Group LLC Sells 317 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Crestwood Advisors Group LLC cut its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 4.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,899 shares of the exchange traded fund’s stock after selling 317 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $737,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LQD. Arkadios Wealth Advisors increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.8% during the third quarter. Arkadios Wealth Advisors now owns 3,709 shares of the exchange traded fund’s stock valued at $419,000 after acquiring an additional 392 shares in the last quarter. Rosenberg Matthew Hamilton increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,068 shares of the exchange traded fund’s stock worth $121,000 after buying an additional 263 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 5,502 shares of the exchange traded fund’s stock worth $622,000 after buying an additional 98 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 70,648 shares of the exchange traded fund’s stock worth $7,982,000 after buying an additional 17,437 shares in the last quarter. Finally, Innealta Capital LLC increased its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 83,314.9% in the 3rd quarter. Innealta Capital LLC now owns 55,888 shares of the exchange traded fund’s stock worth $6,314,000 after buying an additional 55,821 shares in the last quarter. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA LQD opened at $109.36 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07. The stock has a 50-day moving average of $107.11 and a 200 day moving average of $109.49. The company has a market capitalization of $30.88 billion, a price-to-earnings ratio of 33.07 and a beta of 0.43.

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.