iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD) Shares Bought by BB&T Investment Services Inc.

BB&T Investment Services Inc. raised its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD) by 129.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 32,198 shares of the exchange traded fund’s stock after acquiring an additional 18,168 shares during the period. iShares iBoxx $ Invmt Grade Corp Bd ETF makes up approximately 0.8% of BB&T Investment Services Inc.’s holdings, making the stock its 20th biggest position. BB&T Investment Services Inc.’s holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF were worth $3,908,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of LQD. Stifel Financial Corp lifted its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 8.8% in the 3rd quarter. Stifel Financial Corp now owns 843,323 shares of the exchange traded fund’s stock worth $101,980,000 after purchasing an additional 68,425 shares during the period. OxFORD Asset Management LLP bought a new position in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF in the 3rd quarter worth approximately $16,024,000. King Wealth Management Group LLC lifted its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 3.5% in the 3rd quarter. King Wealth Management Group LLC now owns 19,685 shares of the exchange traded fund’s stock worth $2,386,000 after purchasing an additional 658 shares during the period. Commerzbank Aktiengesellschaft FI lifted its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 283.1% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 181,056 shares of the exchange traded fund’s stock worth $21,949,000 after purchasing an additional 133,801 shares during the period. Finally, Welch & Forbes LLC lifted its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 0.7% in the 3rd quarter. Welch & Forbes LLC now owns 174,590 shares of the exchange traded fund’s stock worth $21,165,000 after purchasing an additional 1,205 shares during the period.

Shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD) traded up $0.05 during trading hours on Monday, hitting $120.72. 13,958,300 shares of the stock traded hands, compared to its average volume of 5,082,783. iShares iBoxx $ Invmt Grade Corp Bd ETF has a 52-week low of $115.55 and a 52-week high of $121.81.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 7th. Stockholders of record on Monday, December 4th will be paid a $0.3223 dividend. This represents a $3.87 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Friday, December 1st. This is a boost from iShares iBoxx $ Invmt Grade Corp Bd ETF’s previous monthly dividend of $0.32. iShares iBoxx $ Invmt Grade Corp Bd ETF’s dividend payout ratio is 50.00%.

ILLEGAL ACTIVITY NOTICE: “iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD) Shares Bought by BB&T Investment Services Inc.” was originally reported by Community Financial News and is the property of of Community Financial News. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://www.com-unik.info/2017/12/04/ishares-iboxx-invmt-grade-corp-bd-etf-lqd-shares-bought-by-bbt-investment-services-inc.html.

About iShares iBoxx $ Invmt Grade Corp Bd 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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD).

Institutional Ownership by Quarter for iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD)

What are top analysts saying about iShares iBoxx $ Invmt Grade Corp Bd ETF? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for iShares iBoxx $ Invmt Grade Corp Bd ETF and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit