Comerica Securities Inc. Grows Stake in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD)

Comerica Securities Inc. grew its position in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) by 36.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 12,627 shares of the exchange traded fund’s stock after buying an additional 3,378 shares during the period. Comerica Securities Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $1,522,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Edelman Financial Services LLC increased its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2.8% in the 2nd quarter. Edelman Financial Services LLC now owns 7,342,418 shares of the exchange traded fund’s stock valued at $884,835,000 after buying an additional 199,693 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the 2nd quarter valued at $646,392,000. Dai Ichi Life Insurance Company Ltd increased its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 930.0% in the 2nd quarter. Dai Ichi Life Insurance Company Ltd now owns 4,355,800 shares of the exchange traded fund’s stock valued at $524,917,000 after buying an additional 3,932,920 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 1,465.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,973,209 shares of the exchange traded fund’s stock valued at $478,811,000 after buying an additional 3,719,431 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 8.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,784,686 shares of the exchange traded fund’s stock valued at $456,009,000 after buying an additional 287,340 shares during the period.

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iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE LQD) traded down 0.070% during midday trading on Friday, hitting $120.835. The stock had a trading volume of 740,743 shares. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1-year low of $115.55 and a 1-year high of $123.51. The company has a 50-day moving average of $120.91 and a 200-day moving average of $119.58.

The firm also recently announced a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Wednesday, September 6th were paid a dividend of $0.3202 per share. The ex-dividend date of this dividend was Friday, September 1st. This is a boost from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a yield of 3.18%.

About iShares IBoxx $ Invest Grade Corp Bd Fd

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.

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD)

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