Cambridge Investment Research Advisors Inc. increased its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 8.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 122,125 shares of the exchange traded fund’s stock after buying an additional 9,191 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $14,717,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in LQD. Forward Management LLC bought a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth about $137,000. Portfolio Strategies Inc bought a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth about $184,000. Lincoln National Corp bought a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth about $204,000. Trellus Management Company LLC bought a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth about $204,000. Finally, Wellington Shields Capital Management LLC boosted its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 14.3% in the second quarter. Wellington Shields Capital Management LLC now owns 2,000 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 250 shares during the period.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) opened at 121.06 on Monday. The stock’s 50 day moving average price is $120.74 and its 200-day moving average price is $119.26. iShares IBoxx $ Invest Grade Corp Bd Fd has a 52 week low of $115.55 and a 52 week high of $124.45.

The business also recently declared a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Thursday, August 3rd were paid a $0.3179 dividend. This represents a $3.81 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date was Tuesday, August 1st.

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About iShares IBoxx $ Invest Grade Corp Bd Fd

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.

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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