JPMorgan Chase & Co. Sells 122,783 Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

JPMorgan Chase & Co. decreased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 6.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,770,233 shares of the exchange traded fund’s stock after selling 122,783 shares during the period. JPMorgan Chase & Co.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $200,001,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. NYL Investors LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% during the 3rd quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock worth $1,007,409,000 after acquiring an additional 1,124,415 shares during the last quarter. Empower Annuity Insurance Co purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $277,575,000. Migdal Insurance & Financial Holdings Ltd. grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after purchasing an additional 1,961,934 shares in the last quarter. BNP Paribas grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% in the 3rd quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock worth $163,352,000 after purchasing an additional 1,303,725 shares in the last quarter. Finally, Money Design Co. Ltd. increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.3% in the 3rd quarter. Money Design Co. Ltd. now owns 1,410,068 shares of the exchange traded fund’s stock valued at $159,309,000 after buying an additional 83,156 shares during the last quarter. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $107.11 on Tuesday. The stock’s 50 day moving average price is $108.87 and its 200-day moving average price is $109.87. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $104.14 and a twelve month high of $114.07.

iShares iBoxx $ Investment Grade Corporate Bond ETF 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.