Victory Capital Management Inc. Lowers Stock Position in iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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Victory Capital Management Inc. lowered its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) by 39.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,204,635 shares of the exchange traded fund’s stock after selling 787,763 shares during the quarter. Victory Capital Management Inc. owned about 0.29% of iShares iBoxx $ Investment Grade Corporate Bond ETF worth $162,276,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Prudential PLC lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 345.4% during the second quarter. Prudential PLC now owns 16,738,131 shares of the exchange traded fund’s stock valued at $2,251,279,000 after buying an additional 12,979,906 shares during the period. Toronto Dominion Bank lifted its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 9.2% during the third quarter. Toronto Dominion Bank now owns 3,003,179 shares of the exchange traded fund’s stock valued at $404,556,000 after buying an additional 253,179 shares during the period. Meiji Yasuda Life Insurance Co bought a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at $279,760,000. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 10.2% during the third quarter. Janney Montgomery Scott LLC now owns 1,822,806 shares of the exchange traded fund’s stock valued at $245,550,000 after acquiring an additional 169,002 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 33.1% during the third quarter. BNP Paribas Arbitrage SA now owns 1,759,530 shares of the exchange traded fund’s stock valued at $237,026,000 after acquiring an additional 437,265 shares in the last quarter.

Shares of NYSEARCA:LQD traded up $0.28 on Tuesday, hitting $136.48. 95,306 shares of the company traded hands, compared to its average volume of 14,506,689. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $104.95 and a 52 week high of $139.38. The stock has a 50 day simple moving average of $134.99 and a 200-day simple moving average of $134.23.

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.

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Institutional Ownership by Quarter for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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