Icon Wealth Advisors LLC Decreases Stock Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Icon Wealth Advisors LLC lessened its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 10,791 shares of the exchange traded fund’s stock after selling 113 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,219,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Empower Annuity Insurance Co acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth about $277,575,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock valued at $246,296,000 after purchasing an additional 1,961,934 shares in the last quarter. BNP Paribas boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% in the third quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock valued at $163,352,000 after purchasing an additional 1,303,725 shares in the last quarter. NYL Investors LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% in the third quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock valued at $1,007,409,000 after purchasing an additional 1,124,415 shares during the last quarter. Finally, Payden & Rygel acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth approximately $51,877,000. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $110.54 on Friday. The company has a fifty day simple moving average of $110.23 and a 200-day simple moving average of $109.62. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07.

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.