Park Avenue Securities LLC Acquires New Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Park Avenue Securities LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 194,497 shares of the exchange traded fund’s stock, valued at approximately $24,795,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 1.2% of Park Avenue Securities LLC’s holdings, making the stock its 20th biggest holding. Park Avenue Securities LLC owned 0.07% of iShares iBoxx $ Investment Grade Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in LQD. Tompkins Financial Corp boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 7.2% during the 3rd quarter. Tompkins Financial Corp now owns 4,808 shares of the exchange traded fund’s stock worth $613,000 after buying an additional 322 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 18.1% in the 3rd quarter. Wedbush Securities Inc. now owns 9,786 shares of the exchange traded fund’s stock worth $1,248,000 after purchasing an additional 1,499 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 50.3% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 8,951 shares of the exchange traded fund’s stock worth $1,141,000 after purchasing an additional 2,997 shares in the last quarter. Sage Advisory Services Ltd.Co. lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 10.9% in the 3rd quarter. Sage Advisory Services Ltd.Co. now owns 2,241 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 220 shares in the last quarter. Finally, Navellier & Associates Inc lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 38.1% in the 3rd quarter. Navellier & Associates Inc now owns 2,757 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 761 shares in the last quarter.

NYSEARCA LQD traded down $0.17 on Friday, reaching $125.71. The company had a trading volume of 6,105,937 shares, compared to its average volume of 10,049,133. The company’s fifty day moving average is $127.12 and its 200 day moving average is $124.32. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $111.25 and a 52-week high of $129.46.

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.

See Also: P/E Growth (PEG)

Institutional Ownership by Quarter for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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