NBT Bank N A NY Trims Stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

NBT Bank N A NY lowered its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 67.1% during the 4th quarter, HoldingsChannel reports. The fund owned 1,397 shares of the exchange traded fund’s stock after selling 2,855 shares during the period. NBT Bank N A NY’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $149,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in LQD. Continuum Advisory LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% in the third 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 during the last quarter. Mount Lucas Management LP grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.6% in the third quarter. Mount Lucas Management LP now owns 6,681 shares of the exchange traded fund’s stock worth $755,000 after purchasing an additional 169 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% in the third quarter. First Horizon Advisors Inc. now owns 2,849 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 217 shares during the last quarter. Quent Capital LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 59.6% in the fourth quarter. Quent Capital LLC now owns 742 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 277 shares during the last quarter. Finally, Caitlin John LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.6% in the fourth quarter. Caitlin John LLC now owns 3,990 shares of the exchange traded fund’s stock worth $426,000 after purchasing an additional 316 shares during the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $107.98 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $104.14 and a 1 year high of $114.07. The firm’s 50-day moving average is $107.52 and its two-hundred day moving average is $109.32. The stock has a market cap of $30.49 billion, a price-to-earnings ratio of 33.07 and a beta of 0.43.

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.