Sonata Capital Group Inc. Makes New $1.90 Million Investment in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Sonata Capital Group Inc. bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,843 shares of the exchange traded fund’s stock, valued at approximately $1,903,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC purchased a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $28,000. PSI Advisors LLC grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% during the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 125 shares during the last quarter. Anfield Capital Management LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $39,000. 1620 Investment Advisors Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at approximately $46,000. Finally, Quent Capital LLC raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% in the 3rd quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 414 shares during the last quarter. 89.30% of the stock is currently owned by institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

LQD stock traded up $0.45 during midday trading on Friday, hitting $109.92. The company’s stock had a trading volume of 8,616,827 shares, compared to its average volume of 27,129,041. The firm’s 50-day moving average is $111.41 and its 200-day moving average is $109.25. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $101.48 and a 12 month high of $114.07.

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.