Mount Lucas Management LP Raises Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Mount Lucas Management LP lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 2.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,681 shares of the exchange traded fund’s stock after acquiring an additional 169 shares during the quarter. Mount Lucas Management LP’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $755,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. ORG Partners LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $28,000. PSI Advisors LLC raised its stake 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. Anfield Capital Management LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at $39,000. Mascoma Wealth Management LLC purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter worth $47,000. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth about $46,000. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:LQD opened at $108.26 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $103.69 and a 12 month high of $114.07. The company has a 50-day moving average price of $111.03 and a 200 day moving average price of $109.44.

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.