Oppenheimer & Co. Inc. boosted its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 12.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 40,995 shares of the exchange traded fund’s stock after acquiring an additional 4,651 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $4,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LQD. SCS Capital Management LLC bought a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the 3rd quarter worth $164,404,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 56.4% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,329,000 shares of the exchange traded fund’s stock worth $403,575,000 after acquiring an additional 1,200,000 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 4.9% in the 3rd quarter. Fisher Asset Management LLC now owns 22,053,892 shares of the exchange traded fund’s stock worth $2,673,593,000 after acquiring an additional 1,022,960 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 285.3% in the 3rd quarter. SG Americas Securities LLC now owns 1,354,111 shares of the exchange traded fund’s stock worth $164,159,000 after acquiring an additional 1,002,670 shares in the last quarter. Finally, IndexIQ Advisors LLC grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 67.0% in the 3rd quarter. IndexIQ Advisors LLC now owns 1,998,347 shares of the exchange traded fund’s stock worth $242,260,000 after acquiring an additional 801,479 shares in the last quarter.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) opened at $117.22 on Monday. iShares IBoxx $ Invest Grade Corp Bd Fd has a one year low of $115.62 and a one year high of $121.85. The stock has a market cap of $34,540.00 and a price-to-earnings ratio of 15.30.

The company also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were paid a $0.3214 dividend. This is a positive change from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. The ex-dividend date was Thursday, February 1st. This represents a $3.86 annualized dividend and a dividend yield of 3.29%. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio is presently 49.35%.

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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.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

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

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