L.M. Kohn & Company Trims Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

L.M. Kohn & Company reduced its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 33.0% during the 4th quarter, HoldingsChannel reports. The firm owned 4,056 shares of the exchange traded fund’s stock after selling 1,997 shares during the period. L.M. Kohn & Company’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 1.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 5,502 shares of the exchange traded fund’s stock worth $622,000 after purchasing an additional 98 shares during the period. Continuum Advisory LLC lifted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock worth $211,000 after acquiring an additional 124 shares during the period. Mount Lucas Management LP boosted 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 valued at $755,000 after acquiring an additional 169 shares in the last quarter. First Horizon Advisors Inc. increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 8.2% during the third quarter. First Horizon Advisors Inc. now owns 2,849 shares of the exchange traded fund’s stock worth $322,000 after acquiring an additional 217 shares during the period. Finally, Rosenberg Matthew Hamilton raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.7% during the third quarter. Rosenberg Matthew Hamilton now owns 1,068 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 263 shares in the last quarter. Institutional investors and hedge funds own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA:LQD opened at $107.99 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 company has a 50-day moving average price of $107.30 and a 200 day moving average price of $109.56.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company 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.