iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Stake Raised by Towercrest Capital Management

Towercrest Capital Management grew its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 19.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,402 shares of the exchange traded fund’s stock after buying an additional 9,048 shares during the quarter. iShares IBoxx $ Invest Grade Corp Bd Fd accounts for 5.1% of Towercrest Capital Management’s portfolio, making the stock its 9th largest position. Towercrest Capital Management’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $6,556,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 231,108 shares of the exchange traded fund’s stock valued at $27,851,000 after buying an additional 5,111 shares during the last quarter. Assetmark Inc. grew its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 5.7% during the second quarter. Assetmark Inc. now owns 393,549 shares of the exchange traded fund’s stock valued at $47,427,000 after buying an additional 21,088 shares during the last quarter. Princeton Portfolio Strategies Group LLC grew its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 35.8% during the second quarter. Princeton Portfolio Strategies Group LLC now owns 3,783 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 997 shares during the last quarter. Blue Edge Capital LLC grew its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 3.4% during the second quarter. Blue Edge Capital LLC now owns 20,496 shares of the exchange traded fund’s stock valued at $2,470,000 after buying an additional 670 shares during the last quarter. Finally, Day & Ennis LLC grew its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 94.1% during the second quarter. Day & Ennis LLC now owns 10,189 shares of the exchange traded fund’s stock valued at $1,228,000 after buying an additional 4,939 shares during the last quarter.

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iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE LQD) traded up 0.19% during midday trading on Tuesday, hitting $121.28. 1,492,591 shares of the stock were exchanged. The firm’s 50 day moving average price is $121.09 and its 200 day moving average price is $120.12. iShares IBoxx $ Invest Grade Corp Bd Fd has a 12 month low of $115.55 and a 12 month high of $122.77.

The company also recently disclosed a monthly dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, October 3rd were paid a dividend of $0.3228 per share. This represents a $3.87 annualized dividend and a dividend yield of 3.20%. The ex-dividend date was Monday, October 2nd. This is a positive change from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32.

iShares IBoxx $ Invest Grade Corp Bd Fd 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.

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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