Burns J W & Co. Inc. NY Has $3.93 Million Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Burns J W & Co. Inc. NY increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 27.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,752 shares of the exchange traded fund’s stock after buying an additional 7,890 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $3,927,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hollencrest Capital Management increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% during the 2nd quarter. Hollencrest Capital Management now owns 13,315 shares of the exchange traded fund’s stock worth $1,426,000 after acquiring an additional 98 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 5,502 shares of the exchange traded fund’s stock valued at $622,000 after purchasing an additional 98 shares during the last quarter. Continuum Advisory LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% during the third quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 124 shares during the period. Mount Lucas Management LP lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.6% during the third quarter. Mount Lucas Management LP now owns 6,681 shares of the exchange traded fund’s stock worth $755,000 after buying an additional 169 shares in the last quarter. Finally, HCR Wealth Advisors boosted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.9% in the third quarter. HCR Wealth Advisors now owns 5,186 shares of the exchange traded fund’s stock valued at $586,000 after acquiring an additional 196 shares during the period. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA:LQD traded down $0.30 during mid-day trading on Monday, reaching $105.10. 18,709,246 shares of the company’s stock were exchanged, compared to its average volume of 23,510,582. The business’s fifty day simple moving average is $108.36 and its two-hundred day simple moving average is $109.75. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $104.14 and a one year high of $114.07.

About iShares iBoxx $ Investment Grade Corporate Bond 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.