69,473 Shares in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Acquired by Wayfinding Financial LLC

Wayfinding Financial LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 69,473 shares of the exchange traded fund’s stock, valued at approximately $7,422,000. iShares iBoxx $ Investment Grade Corporate Bond ETF makes up approximately 4.0% of Wayfinding Financial LLC’s investment portfolio, making the stock its 6th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Continuum Advisory LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 124 shares in the last quarter. First Horizon Advisors Inc. increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,849 shares of the exchange traded fund’s stock valued at $322,000 after acquiring an additional 217 shares during the period. Quent Capital LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% in the 4th quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 277 shares during the period. Mount Lucas Management LP increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.5% in the 4th quarter. Mount Lucas Management LP now owns 6,983 shares of the exchange traded fund’s stock valued at $746,000 after acquiring an additional 302 shares during the period. Finally, Caitlin John LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.6% in the 4th quarter. Caitlin John LLC now owns 3,990 shares of the exchange traded fund’s stock valued at $426,000 after acquiring an additional 316 shares during the period. 89.30% of the stock is currently owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $108.91 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52-week low of $104.14 and a 52-week high of $114.07. The firm has a 50 day moving average price of $107.79 and a two-hundred day moving average price of $109.19. The stock has a market cap of $30.53 billion, a P/E ratio of 32.64 and a beta of 0.45.

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.