Appleton Partners Inc. MA Takes Position in iShares IBoxx $ Invest Grade Corp Bd Fd (LQD)

Appleton Partners Inc. MA acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,491 shares of the exchange traded fund’s stock, valued at approximately $303,000.

A number of other hedge funds have also made changes to their positions in LQD. Novare Capital Management LLC acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the third quarter valued at $108,000. Westwood Holdings Group Inc. acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $129,000. Captrust Financial Advisors acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $131,000. Parametric Portfolio Associates LLC acquired a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd in the second quarter valued at $1,168,000. Finally, Sandy Spring Bank lifted its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 49.9% in the second quarter. Sandy Spring Bank now owns 1,352 shares of the exchange traded fund’s stock valued at $163,000 after buying an additional 450 shares during the period.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) traded down $0.61 during trading on Friday, hitting $118.61. The stock had a trading volume of 8,681,492 shares, compared to its average volume of 6,812,308. The firm has a market capitalization of $36,490.00 and a price-to-earnings ratio of 15.48. iShares IBoxx $ Invest Grade Corp Bd Fd has a twelve month low of $115.62 and a twelve month high of $121.85.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd will be issued a $0.3214 dividend. This is a positive change from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. The ex-dividend date is Thursday, February 1st. This represents a $3.86 annualized dividend and a dividend yield of 3.25%. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio is 49.22%.

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About iShares IBoxx $ Invest Grade Corp Bd Fd

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 $ Invest Grade Corp Bd Fd (NYSEARCA:LQD)

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