61,762 Shares in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) Purchased by Q3 Asset Management

Q3 Asset Management purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 61,762 shares of the exchange traded fund’s stock, valued at approximately $413,000. iShares iBoxx $ Investment Grade Corporate Bond ETF comprises about 1.1% of Q3 Asset Management’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors have also recently modified their holdings of LQD. Patriot Wealth Management Inc. increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.1% in the 4th quarter. Patriot Wealth Management Inc. now owns 9,300 shares of the exchange traded fund’s stock valued at $1,049,000 after acquiring an additional 101 shares during the period. Moloney Securities Asset Management LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.3% in the 4th quarter. Moloney Securities Asset Management LLC now owns 4,823 shares of the exchange traded fund’s stock valued at $544,000 after buying an additional 107 shares during the period. Jag Capital Management LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.5% in the 1st quarter. Jag Capital Management LLC now owns 3,530 shares of the exchange traded fund’s stock valued at $420,000 after buying an additional 119 shares during the period. Legacy Advisors LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.2% in the 4th quarter. Legacy Advisors LLC now owns 2,123 shares of the exchange traded fund’s stock valued at $240,000 after buying an additional 123 shares during the period. Finally, Sterling Investment Advisors Ltd. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 27.8% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 690 shares of the exchange traded fund’s stock valued at $77,000 after buying an additional 150 shares during the period.

Shares of LQD opened at $118.79 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $111.25 and a 1 year high of $119.71.

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.3516 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $4.22 annualized dividend and a dividend yield of 3.55%.

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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.

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

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