iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Holdings Trimmed by Simply Money Advisors

Simply Money Advisors cut its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 201,675 shares of the exchange traded fund’s stock after selling 1,150 shares during the period. iShares IBoxx $ Invest Grade Corp Bd Fd accounts for about 3.2% of Simply Money Advisors’ holdings, making the stock its 10th largest position. Simply Money Advisors’ holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $24,516,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Novare Capital Management LLC bought a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the third quarter worth $108,000. Westwood Holdings Group Inc. acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $129,000. Captrust Financial Advisors acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $131,000. Sandy Spring Bank increased its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 49.9% during the second quarter. Sandy Spring Bank now owns 1,352 shares of the exchange traded fund’s stock worth $163,000 after buying an additional 450 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 45.9% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 1,367 shares of the exchange traded fund’s stock worth $166,000 after buying an additional 430 shares in the last quarter.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA LQD) traded down $0.44 during trading hours on Tuesday, hitting $120.44. 7,621,727 shares of the stock traded hands, compared to its average volume of 6,432,288. The firm has a market capitalization of $38,290.00 and a P/E ratio of 15.72. iShares IBoxx $ Invest Grade Corp Bd Fd has a 52 week low of $115.62 and a 52 week high of $121.85.

The business also recently declared a monthly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were issued a dividend of $0.2541 per share. The ex-dividend date of this dividend was Thursday, December 21st. This represents a $3.05 annualized dividend and a dividend yield of 2.53%. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio (DPR) is presently 49.22%.

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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.

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 $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

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

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