Hollencrest Capital Management Cuts Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Hollencrest Capital Management trimmed its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 9.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,062 shares of the exchange traded fund’s stock after selling 1,253 shares during the quarter. Hollencrest Capital Management’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $1,363,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of LQD. Sonata Capital Group Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth $1,903,000. Montecito Bank & Trust bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $1,141,000. Graypoint LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% in the third quarter. Graypoint LLC now owns 34,216 shares of the exchange traded fund’s stock worth $3,866,000 after purchasing an additional 1,810 shares in the last quarter. Crestwood Advisors Group LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.4% in the third quarter. Crestwood Advisors Group LLC now owns 7,216 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 560 shares in the last quarter. Finally, United Advisor Group LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the third quarter worth about $240,000. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of LQD stock traded up $0.26 during trading hours on Friday, reaching $109.73. 9,569,802 shares of the company’s stock were exchanged, compared to its average volume of 27,134,631. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $101.48 and a 1 year high of $114.07. The stock’s fifty day moving average price is $111.41 and its two-hundred day moving average price is $109.25.

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.