Investors bought shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) on weakness during trading on Tuesday. $260.17 million flowed into the stock on the tick-up and $218.83 million flowed out of the stock on the tick-down, for a money net flow of $41.34 million into the stock. Of all stocks tracked, iShares IBoxx $ Invest Grade Corp Bd Fd had the 9th highest net in-flow for the day. iShares IBoxx $ Invest Grade Corp Bd Fd traded down ($0.04) for the day and closed at $117.18

The company has a market cap of $34,520.00 and a price-to-earnings ratio of 15.30.

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were issued a dividend of $0.3214 per share. This represents a $3.86 annualized dividend and a dividend yield of 3.29%. The ex-dividend date of this dividend was Thursday, February 1st. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio (DPR) is 49.35%.

Institutional investors have recently modified their holdings of the stock. Valeo Financial Advisors LLC increased its holdings in iShares IBoxx $ Invest Grade Corp Bd Fd by 179.2% in the fourth quarter. Valeo Financial Advisors LLC now owns 857 shares of the exchange traded fund’s stock valued at $104,000 after buying an additional 550 shares in the last quarter. Novare Capital Management LLC purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd in the third quarter valued at $108,000. Prentiss Smith & Co. Inc. purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd in the fourth quarter valued at $125,000. Westwood Holdings Group Inc. purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $129,000. Finally, Tower Research Capital LLC TRC purchased a new position in iShares IBoxx $ Invest Grade Corp Bd Fd in the fourth quarter valued at $134,000.

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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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