Janney Montgomery Scott LLC Has $7.98 Million Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Janney Montgomery Scott LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 32.8% during the 3rd quarter, Holdings Channel reports. The firm owned 70,648 shares of the exchange traded fund’s stock after purchasing an additional 17,437 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $7,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the company. ORG Partners LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth approximately $28,000. PSI Advisors LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% during the 2nd quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 125 shares during the last quarter. Anfield Capital Management LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at $39,000. 1620 Investment Advisors Inc. acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at $46,000. Finally, Quent Capital LLC boosted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% during the third quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 414 shares during the period. 89.30% of the stock is owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 1.2 %

NYSEARCA:LQD opened at $109.47 on Friday. The firm’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 has a one year low of $101.48 and a one year high of $114.07.

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.