EFG Asset Management Americas Corp. increased its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 13.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,550 shares of the exchange traded fund’s stock after buying an additional 1,257 shares during the period. EFG Asset Management Americas Corp.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fisher Asset Management LLC raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 22,614,635 shares of the exchange traded fund’s stock valued at $2,749,035,000 after buying an additional 560,743 shares in the last quarter. Edelman Financial Services LLC raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.4% in the third quarter. Edelman Financial Services LLC now owns 7,520,221 shares of the exchange traded fund’s stock valued at $911,676,000 after buying an additional 177,803 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 11.6% in the third quarter. Wells Fargo & Company MN now owns 4,454,011 shares of the exchange traded fund’s stock valued at $539,960,000 after buying an additional 463,445 shares in the last quarter. Dai Ichi Life Insurance Company Ltd raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 1.3% in the third quarter. Dai Ichi Life Insurance Company Ltd now owns 4,413,930 shares of the exchange traded fund’s stock valued at $535,101,000 after buying an additional 58,130 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 0.4% in the third quarter. Ameriprise Financial Inc. now owns 3,799,845 shares of the exchange traded fund’s stock valued at $468,254,000 after buying an additional 15,159 shares in the last quarter.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA LQD) opened at $117.22 on Monday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1 year low of $115.62 and a 1 year high of $121.85. The company has a market cap of $34,540.00 and a P/E ratio of 15.30.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were given a dividend of $0.3214 per share. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. This represents a $3.86 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend was Thursday, February 1st. iShares IBoxx $ Invest Grade Corp Bd Fd’s payout ratio is currently 49.35%.

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iShares IBoxx $ Invest Grade Corp Bd Fd 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.

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

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