NYL Investors LLC Grows Stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

NYL Investors LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 14.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,916,703 shares of the exchange traded fund’s stock after acquiring an additional 1,124,415 shares during the quarter. iShares iBoxx $ Investment Grade Corporate Bond ETF accounts for approximately 63.6% of NYL Investors LLC’s holdings, making the stock its largest position. NYL Investors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,007,409,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hollencrest Capital Management lifted 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 valued at $1,426,000 after buying an additional 98 shares during the period. Creative Financial Designs Inc. ADV lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.8% during 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 in the last quarter. 1ST Source Bank lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.8% during the first quarter. 1ST Source Bank now owns 3,748 shares of the exchange traded fund’s stock valued at $408,000 after purchasing an additional 102 shares in the last quarter. PSI Advisors LLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% during the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 125 shares in the last quarter. Finally, HCR Wealth Advisors lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 3.9% during the third quarter. HCR Wealth Advisors now owns 5,186 shares of the exchange traded fund’s stock valued at $586,000 after purchasing an additional 196 shares in the last quarter. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

NYSEARCA LQD traded down $0.44 on Friday, hitting $107.77. 2,559,661 shares of the company traded hands, compared to its average volume of 27,014,830. The business’s 50 day moving average price is $111.11 and its 200-day moving average price is $109.39. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $103.69 and a 52-week 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.