Migdal Insurance & Financial Holdings Ltd. Boosts Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Migdal Insurance & Financial Holdings Ltd. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 899.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,180,000 shares of the exchange traded fund’s stock after buying an additional 1,961,934 shares during the period. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for about 4.0% of Migdal Insurance & Financial Holdings Ltd.’s portfolio, making the stock its 8th biggest holding. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $246,296,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. ORG Partners LLC bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth $28,000. PSI Advisors LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 125 shares in the last quarter. Anfield Capital Management LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth $39,000. 1620 Investment Advisors Inc. acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at approximately $46,000. Finally, Quent Capital LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% in the 3rd quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 414 shares during the period. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.3 %

Shares of LQD stock opened at $109.85 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $101.48 and a one year high of $114.07. The business’s 50 day simple moving average is $111.34 and its 200 day simple moving average is $109.29.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.