Prudential Financial Inc. Has $13.16 Million Stake in iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD)

Prudential Financial Inc. decreased its position in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD) by 5.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,570 shares of the exchange traded fund’s stock after selling 6,724 shares during the period. Prudential Financial Inc.’s holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF were worth $13,162,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Chemical Bank raised its stake in shares of iShares iBoxx $ Invmt Grade Corp Bd ETF by 0.3% during the second quarter. Chemical Bank now owns 5,902 shares of the exchange traded fund’s stock valued at $711,000 after acquiring an additional 16 shares in the last quarter. Newman Dignan & Sheerar Inc. grew its holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF by 0.6% in the second quarter. Newman Dignan & Sheerar Inc. now owns 2,648 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 16 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF by 2.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 1,562 shares of the exchange traded fund’s stock worth $188,000 after purchasing an additional 34 shares during the last quarter. Weatherly Asset Management L. P. grew its holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF by 1.4% in the second quarter. Weatherly Asset Management L. P. now owns 2,537 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 34 shares during the last quarter. Finally, Roundview Capital LLC grew its holdings in iShares iBoxx $ Invmt Grade Corp Bd ETF by 0.3% in the second quarter. Roundview Capital LLC now owns 17,360 shares of the exchange traded fund’s stock worth $2,092,000 after purchasing an additional 58 shares during the last quarter.

iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD) traded up $0.23 during trading hours on Wednesday, reaching $121.37. 4,801,451 shares of the company’s stock traded hands, compared to its average volume of 5,082,194. iShares iBoxx $ Invmt Grade Corp Bd ETF has a one year low of $115.55 and a one year high of $121.81.

The business also recently declared a monthly dividend, which will be paid on Thursday, December 7th. Investors of record on Monday, December 4th will be given a dividend of $0.3223 per share. This represents a $3.87 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Friday, December 1st. This is an increase from iShares iBoxx $ Invmt Grade Corp Bd ETF’s previous monthly dividend of $0.32. iShares iBoxx $ Invmt Grade Corp Bd ETF’s dividend payout ratio is 50.00%.

COPYRIGHT VIOLATION NOTICE: “Prudential Financial Inc. Has $13.16 Million Stake in iShares iBoxx $ Invmt Grade Corp Bd ETF (LQD)” was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this report can be read at https://ledgergazette.com/2017/12/07/ishares-iboxx-invmt-grade-corp-bd-etf-lqd-position-reduced-by-prudential-financial-inc.html.

iShares iBoxx $ Invmt Grade Corp Bd 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.

Institutional Ownership by Quarter for iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEARCA:LQD)

Receive News & Ratings for iShares iBoxx $ Invmt Grade Corp Bd ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBoxx $ Invmt Grade Corp Bd ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply