STA Wealth Management LLC Grows Position in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD)

STA Wealth Management LLC boosted its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 4.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,664 shares of the exchange traded fund’s stock after purchasing an additional 2,309 shares during the quarter. iShares IBoxx $ Invest Grade Corp Bd Fd comprises 2.1% of STA Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. STA Wealth Management LLC’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $6,182,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Institutional & Family Asset Management LLC purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 1st quarter worth $102,000. Valeo Financial Advisors LLC raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 179.2% during the 4th quarter. Valeo Financial Advisors LLC now owns 857 shares of the exchange traded fund’s stock worth $104,000 after buying an additional 550 shares during the last quarter. We Are One Seven LLC purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 4th quarter worth $107,000. Certified Advisory Corp purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 4th quarter worth $111,000. Finally, Bruderman Asset Management LLC purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the 1st quarter worth $115,000.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd stock opened at $114.29 on Thursday. iShares IBoxx $ Invest Grade Corp Bd Fd has a one year low of $113.72 and a one year high of $121.85.

The business also recently declared a monthly dividend, which was paid on Thursday, June 7th. Stockholders of record on Monday, June 4th were issued a $0.3587 dividend. This represents a $4.30 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend was Friday, June 1st. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.33.

About iShares IBoxx $ Invest Grade Corp Bd Fd

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 (NYSEARCA:LQD)

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