Quantitative Advantage LLC reduced its stake in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 42,873 shares of the exchange traded fund’s stock after selling 992 shares during the quarter. iShares IBoxx $ Invest Grade Corp Bd Fd makes up 1.5% of Quantitative Advantage LLC’s holdings, making the stock its 24th largest holding. Quantitative Advantage LLC’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $5,212,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 3.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 79,926 shares of the exchange traded fund’s stock worth $9,689,000 after acquiring an additional 2,700 shares during the period. Wealthfront Inc. lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 12.5% in the 3rd quarter. Wealthfront Inc. now owns 1,545,198 shares of the exchange traded fund’s stock worth $187,324,000 after acquiring an additional 171,814 shares during the period. Hutchens Investment Management Inc lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 16.3% in the 4th quarter. Hutchens Investment Management Inc now owns 10,725 shares of the exchange traded fund’s stock worth $1,303,000 after acquiring an additional 1,500 shares during the period. New York Life Investment Management LLC lifted its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 98.6% in the 3rd quarter. New York Life Investment Management LLC now owns 503,915 shares of the exchange traded fund’s stock worth $61,090,000 after acquiring an additional 250,215 shares during the period. Finally, Beacon Investment Advisory Services Inc. acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the 3rd quarter worth approximately $4,427,000.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) opened at $117.18 on Wednesday. The firm has a market cap of $34,520.00 and a P/E ratio of 15.30. iShares IBoxx $ Invest Grade Corp Bd Fd has a one year low of $115.62 and a one year high of $121.85.

The business also recently declared 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. This represents a $3.86 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend was Thursday, February 1st. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend 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.

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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