Cascades Capital Asset Management LLC Makes New $275,000 Investment in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Cascades Capital Asset Management LLC acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,575 shares of the exchange traded fund’s stock, valued at approximately $275,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. iA Global Asset Management Inc. boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% during the 4th quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock valued at $65,301,000 after purchasing an additional 120,000 shares in the last quarter. Allstate Corp lifted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 122.6% in the fourth quarter. Allstate Corp now owns 166,965 shares of the exchange traded fund’s stock valued at $17,839,000 after buying an additional 91,965 shares during the period. Continuum Advisory LLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.8% during the third quarter. Continuum Advisory LLC now owns 1,946 shares of the exchange traded fund’s stock valued at $211,000 after buying an additional 124 shares in the last quarter. Avior Wealth Management LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 39.3% during the fourth quarter. Avior Wealth Management LLC now owns 23,651 shares of the exchange traded fund’s stock worth $2,527,000 after acquiring an additional 6,678 shares during the period. Finally, AMJ Financial Wealth Management grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% during the fourth quarter. AMJ Financial Wealth Management now owns 72,508 shares of the exchange traded fund’s stock worth $7,747,000 after acquiring an additional 491 shares during the period. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1 %

Shares of NYSEARCA LQD opened at $108.78 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $104.14 and a twelve month high of $114.07. The firm has a 50-day moving average of $108.25 and a two-hundred day moving average of $108.89. The company has a market capitalization of $30.49 billion, a price-to-earnings ratio of 32.87 and a beta of 0.45.

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.