BCJ Capital Management LLC Takes Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)

BCJ Capital Management LLC bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 163,544 shares of the exchange traded fund’s stock, valued at approximately $18,451,000. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 3.6% of BCJ Capital Management LLC’s portfolio, making the stock its 7th biggest holding. BCJ Capital Management LLC owned about 0.06% of iShares iBoxx $ Investment Grade Corporate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in LQD. Portfolio Solutions LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $28,000. Nalls Sherbakoff Group LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $34,000. Sterling Investment Advisors Ltd. boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF 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 buying an additional 150 shares in the last quarter. Essex Savings Bank acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $79,000. Finally, G&S Capital LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $114,000.

Shares of NYSEARCA:LQD traded down $0.23 on Thursday, hitting $116.44. The stock had a trading volume of 5,395,277 shares, compared to its average volume of 9,334,613. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $111.25 and a twelve month high of $117.47.

The business also recently declared a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were given a dividend of $0.3584 per share. This is an increase from iShares iBoxx $ Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date of this dividend was Friday, March 1st. This represents a $4.30 annualized dividend and a yield of 3.69%.

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iShares iBoxx $ Investment Grade Corporate Bond ETF 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.

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Institutional Ownership by Quarter for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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