iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Shares Bought by Palouse Capital Management Inc.

Palouse Capital Management Inc. grew its stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 16.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,838 shares of the exchange traded fund’s stock after purchasing an additional 1,223 shares during the quarter. Palouse Capital Management Inc.’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $1,074,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Novare Capital Management LLC bought a new stake in iShares IBoxx $ Invest Grade Corp Bd Fd in the 3rd quarter valued at $108,000. Westwood Holdings Group Inc. bought a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at $129,000. Parametric Portfolio Associates LLC bought a new stake in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the 2nd quarter valued at $1,168,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 45.9% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,367 shares of the exchange traded fund’s stock valued at $166,000 after acquiring an additional 430 shares during the period. Finally, Resources Investment Advisors Inc. lifted its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 936.4% during the 4th quarter. Resources Investment Advisors Inc. now owns 1,451 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 1,311 shares during the period.

iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) traded down $0.43 during trading hours on Wednesday, hitting $116.75. The stock had a trading volume of 8,554,378 shares, compared to its average volume of 7,342,978. The company has a market cap of $34,520.00 and a P/E ratio of 15.30. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1 year low of $115.62 and a 1 year high of $121.85.

The business also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were given a dividend of $0.3214 per share. This represents a $3.86 dividend on an annualized basis and a dividend yield of 3.30%. This is an increase from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.25. The ex-dividend date of this dividend was Thursday, February 1st. iShares IBoxx $ Invest Grade Corp Bd Fd’s dividend payout ratio is presently 49.35%.

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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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