PSI Advisors LLC Grows Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

PSI Advisors LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 281.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 705 shares of the exchange traded fund’s stock after buying an additional 520 shares during the quarter. PSI Advisors LLC’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $75,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LQD. Rathbones Group PLC raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.7% during the 2nd quarter. Rathbones Group PLC now owns 9,499 shares of the exchange traded fund’s stock valued at $1,018,000 after purchasing an additional 600 shares during the last quarter. Hollencrest Capital Management increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 0.7% during the second quarter. Hollencrest Capital Management now owns 13,315 shares of the exchange traded fund’s stock valued at $1,426,000 after buying an additional 98 shares during the period. Alley Investment Management Company LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 5.6% during the second quarter. Alley Investment Management Company LLC now owns 185,269 shares of the exchange traded fund’s stock valued at $19,846,000 after buying an additional 9,898 shares during the period. Sunbelt Securities Inc. raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 32.5% during the second quarter. Sunbelt Securities Inc. now owns 14,088 shares of the exchange traded fund’s stock valued at $1,509,000 after acquiring an additional 3,459 shares in the last quarter. Finally, Lazari Capital Management Inc. purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth $409,000. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Price Performance

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock opened at $105.22 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $104.14 and a 12-month high of $114.07. The company’s fifty day simple moving average is $108.20 and its two-hundred day simple moving average is $109.71.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.