iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 59.0% during the third quarter, Holdings Channel reports. The institutional investor owned 6,725 shares of the exchange traded fund’s stock after selling 9,670 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $760,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8,602.5% during the 3rd quarter. SG Americas Securities LLC now owns 312,768 shares of the exchange traded fund’s stock worth $35,337,000 after purchasing an additional 309,174 shares during the period. Continuum Advisory LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.4% in the second quarter. Continuum Advisory LLC now owns 1,822 shares of the exchange traded fund’s stock worth $195,000 after acquiring an additional 403 shares in the last quarter. IFG Advisory LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.8% in the second quarter. IFG Advisory LLC now owns 82,246 shares of the exchange traded fund’s stock valued at $8,810,000 after purchasing an additional 4,500 shares during the last quarter. ORG Partners LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $28,000. Finally, NewSquare Capital LLC bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth $77,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.2 %

Shares of LQD opened at $108.69 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $104.14 and a 52 week high of $114.07. The stock has a 50 day moving average of $110.86 and a 200-day moving average of $109.50.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.