Essex Savings Bank Invests $79,000 in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Stock

Essex Savings Bank bought a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 701 shares of the exchange traded fund’s stock, valued at approximately $79,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sterling Investment Advisors Ltd. lifted its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 27.8% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 690 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 150 shares during the last quarter. G&S Capital LLC bought a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the fourth quarter worth $114,000. We Are One Seven LLC bought a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd during the fourth quarter worth $126,000. Valeo Financial Advisors LLC lifted its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 36.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 1,140 shares of the exchange traded fund’s stock worth $129,000 after purchasing an additional 303 shares during the last quarter. Finally, Live Your Vision LLC lifted its stake in iShares IBoxx $ Invest Grade Corp Bd Fd by 37.4% during the fourth quarter. Live Your Vision LLC now owns 1,753 shares of the exchange traded fund’s stock worth $199,000 after purchasing an additional 477 shares during the last quarter.

NYSEARCA LQD opened at $116.30 on Wednesday. iShares IBoxx $ Invest Grade Corp Bd Fd has a fifty-two week low of $111.25 and a fifty-two week high of $118.85.

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 7th. Shareholders of record on Monday, February 4th will be paid a dividend of $0.3526 per share. The ex-dividend date of this dividend is Friday, February 1st. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.35. This represents a $4.23 annualized dividend and a yield of 3.64%.

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iShares IBoxx $ Invest Grade Corp Bd Fd 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 $ Invest Grade Corp Bd  Fd (NYSEARCA:LQD)

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