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NYSEARCA:LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) Price, Holdings, & News

$107.86
+0.66 (+0.62%)
(As of 06/12/2024 ET)
Today's Range
$107.82
$108.56
50-Day Range
$104.54
$108.00
52-Week Range
$98.24
$111.40
Volume
26.50 million shs
Average Volume
28.35 million shs
Market Capitalization
$28.22 billion
Assets Under Management
$29.30 billion
Dividend Yield
4.32%
Net Expense Ratio
0.14%
LQD stock logo

About iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies. The components of the Index, and the degree to which these components represent certain industries, may change over time. The Index is a subset of the Markit iBoxx USD Corporate Bond Index. The Fund generally invests at least 90% of its assets in securities of the Index and at least 95% of its assets in investment-grade corporate bonds. The Fund’s investment adviser is BlackRock Fund Advisors.

LQD Stock Price History

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Fund Details

Issuer
iShares
Fund Name
iShares iBoxx $ Investment Grade Corporate Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:LQD
Inception Date
7/22/2002
Fund Manager
James Mauro, Scott Radell

Fund Focus

Asset Class
Fixed Income
Benchmark
Markit iBoxx USD Liquid Investment Grade Index
Category
Corporate
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
2773

Fund Statistics

Assets Under Management
$29.30 billion
Average Daily Volume
$22.32 million
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
BlackRock Fund Advisors
Custodian
State Street Bank and Trust Company
Distributor
BlackRock Investments, LLC
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
Optionable
Options Volume
32,280
Put Options
19,242
Call Options
13,038
Short Interest
76,270,000 shs

Miscellaneous

Beta
0.41
Creation Unit
100,000
Creation Fee
$500.00
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iShares iBoxx $ Investment Grade Corporate Bond ETF Expenses

TypeLQDInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.14%0.22%0.32%0.51%0.51%
Other Expenses0.00%0.12%0.27%0.64%0.58%
Total Expense0.14%0.25%0.40%0.74%0.70%
Fee Waiver0.00%-0.15%-0.24%-0.68%-0.56%
Net Expense0.14%0.22%0.35%0.58%0.58%

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) Holdings & Exposure

Top 10 LQD Holdings

  • BLK CSH FND TREASURY SL AGENCY
    Holding Weight: 1.43%
  • ANHEUSER-BUSCH COMPANIES LLC - 4.9 2046-02-01
    Holding Weight: 0.25%
  • CVS HEALTH CORP - 5.05 2048-03-25
    Holding Weight: 0.20%
  • GOLDMAN SACHS GROUP INC/THE - 6.75 2037-10-01
    Holding Weight: 0.18%
  • T-MOBILE USA INC - 3.88 2030-04-15
    Holding Weight: 0.18%
  • PFIZER INVESTMENT ENTERPRISES PTE - 5.3 2053-05-19
    Holding Weight: 0.17%
  • BANK OF AMERICA CORP - 3.42 2028-12-20
    Holding Weight: 0.16%
  • WARNERMEDIA HOLDINGS INC - 5.14 2052-03-15
    Holding Weight: 0.16%
  • ANHEUSER-BUSCH COMPANIES LLC - 4.7 2036-02-01
    Holding Weight: 0.15%
  • AT&T INC - 3.55 2055-09-15
    Holding Weight: 0.15%

LQD Sector Exposure

LQD Industry Exposure

Should I Buy iShares iBoxx $ Investment Grade Corporate Bond ETF Stock? LQD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in iShares iBoxx $ Investment Grade Corporate Bond ET:

  • Provides stable income through regular interest payments, making it an attractive option for income-oriented investors.
  • Offers diversification benefits to a portfolio by including investment-grade corporate bonds, which can help reduce overall risk.
  • Historically, investment-grade corporate bonds have shown lower default rates compared to lower-rated bonds, providing a level of safety for investors.
  • Can serve as a hedge against equity market volatility, as bonds tend to perform well when stocks are under pressure.
  • Current stock price of iShares iBoxx $ Investment Grade Corporate Bond ET is favorable, presenting a potentially good entry point for investors.

Cons

Investors should be bearish about investing in iShares iBoxx $ Investment Grade Corporate Bond ET for these reasons:

  • Interest rate risk: If interest rates rise, the value of existing bonds may decrease, leading to potential capital losses for investors.
  • Lower potential returns compared to riskier assets like stocks, limiting the growth potential of the investment.
  • Inflation risk: Inflation erodes the purchasing power of fixed income investments, impacting the real returns for investors.
  • Credit risk: While investment-grade bonds are considered safer, there is still a risk of default by the issuing companies, affecting bond values.
  • Market liquidity risk: Corporate bond markets can experience periods of illiquidity, making it challenging to buy or sell bonds at desired prices.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 7, 2024. Please send any questions or comments about these iShares iBoxx $ Investment Grade Corporate Bond ETF pros and cons to contact@marketbeat.com.

LQD ETF - Frequently Asked Questions

How have LQD shares performed in 2024?

iShares iBoxx $ Investment Grade Corporate Bond ETF's stock was trading at $110.66 at the beginning of the year. Since then, LQD shares have decreased by 2.5% and is now trading at $107.86.
View the best growth stocks for 2024 here
.

How often does iShares iBoxx $ Investment Grade Corporate Bond ETF pay dividends? What is the dividend yield for iShares iBoxx $ Investment Grade Corporate Bond ETF?

iShares iBoxx $ Investment Grade Corporate Bond ETF declared a dividend on Thursday, November 23rd. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.4107 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from the stock's previous dividend of $0.35.
Read our dividend analysis for LQD
.

What does LQD invest in?

iShares iBoxx $ Investment Grade Corporate Bond ETF is a fixed income fund issued by iShares. LQD focuses on investment grade investments and follows the Markit iBoxx USD Liquid Investment Grade Index. The fund's investments total to approximately $29.30 billion assets under management.

What is the management fee for iShares iBoxx $ Investment Grade Corporate Bond ETF?

iShares iBoxx $ Investment Grade Corporate Bond ETF's management fee is 0.14% and has no other recorded expenses or fee waivers. The net expense ratio for LQD is 0.14%.

What other stocks do shareholders of iShares iBoxx $ Investment Grade Corporate Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iShares iBoxx $ Investment Grade Corporate Bond ETF investors own include iShares iBoxx $ High Yield Corporate Bond ETF (HYG), Home Depot (HD), Adobe (ADBE), Intel (INTC), Alibaba Group (BABA), Verizon Communications (VZ), Mastercard (MA), Netflix (NFLX), Johnson & Johnson (JNJ) and Walmart (WMT).

Who are iShares iBoxx $ Investment Grade Corporate Bond ETF's major shareholders?

iShares iBoxx $ Investment Grade Corporate Bond ETF's stock is owned by a variety of institutional and retail investors. Top institutional investors include NYL Investors LLC (5.30%), Ontario Teachers Pension Plan Board (0.00%), Sona Asset Management US LLC (0.00%), BlueCrest Capital Management Ltd (0.00%), Healthcare of Ontario Pension Plan Trust Fund (0.00%) and BNP Paribas (0.45%).

How do I buy shares of iShares iBoxx $ Investment Grade Corporate Bond ETF?

Shares of LQD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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This page (NYSEARCA:LQD) was last updated on 6/13/2024 by MarketBeat.com Staff

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