Toronto Dominion Bank Trims Holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

Toronto Dominion Bank reduced its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 66.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 100,000 shares of the exchange traded fund’s stock after selling 200,000 shares during the quarter. Toronto Dominion Bank’s holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF were worth $11,298,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. NYL Investors LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% in the 3rd quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock valued at $1,007,409,000 after acquiring an additional 1,124,415 shares in the last quarter. Empower Annuity Insurance Co purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter valued at approximately $277,575,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock valued at $246,296,000 after purchasing an additional 1,961,934 shares in the last quarter. BNP Paribas increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 917.3% during the 3rd quarter. BNP Paribas now owns 1,445,852 shares of the exchange traded fund’s stock worth $163,352,000 after buying an additional 1,303,725 shares during the period. Finally, Money Design Co. Ltd. lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.3% during the 3rd quarter. Money Design Co. Ltd. now owns 1,410,068 shares of the exchange traded fund’s stock worth $159,309,000 after buying an additional 83,156 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:LQD opened at $108.72 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $104.14 and a 52 week high of $114.07. The company has a fifty day simple moving average of $109.67 and a two-hundred day simple moving average of $109.82.

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.