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.
Basic Details
Issuer iShares
Fund NameiShares iBoxx $ Investment Grade Corporate Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:LQD
Inception Date7/22/2002
Fund ManagerJames Mauro, Scott Radell
Phone+1-800-4742737
Fund Focus
Asset ClassFixed Income
BenchmarkiBoxx $ Liquid Investment Grade Index
CategoryCorporate
FocusInvestment Grade
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$35.70 billion
Average Daily Volume$10.94 million
Discount/Premium0.17%
ETF Expenses
Management Fee0.15%
Other Expenses0.00%
Total Expenses0.15%
Fee Waiver0.00%
Net Expenses0.15%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerJane Street
iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Frequently Asked Questions
What is iShares iBoxx $ Investment Grade Corporate Bond ETF's stock symbol?
iShares iBoxx $ Investment Grade Corporate Bond ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "LQD."
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 monthly dividend on Monday, June 3rd. Stockholders of record on Tuesday, June 4th will be paid a dividend of $0.3708 per share on Friday, June 7th. This represents a $4.45 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Monday, June 3rd. This is a boost from iShares iBoxx $ Investment Grade Corporate Bond ETF's previous monthly dividend of $0.35. View iShares iBoxx $ Investment Grade Corporate Bond ETF's Dividend History.
Has iShares iBoxx $ Investment Grade Corporate Bond ETF been receiving favorable news coverage?
Headlines about LQD stock have been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. iShares iBoxx $ Investment Grade Corporate Bond ETF earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the exchange traded fund a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for iShares iBoxx $ Investment Grade Corporate Bond ETF.
What other stocks do shareholders of iShares iBoxx $ Investment Grade Corporate Bond ETF own?
Who are iShares iBoxx $ Investment Grade Corporate Bond ETF's key executives?
iShares iBoxx $ Investment Grade Corporate Bond ETF's management team includes the folowing people:
- Joseph Kippels, Portfolio Manager of the Manager
- Chris Mosellen, Portfolio Manager of the Manager
- Lee Sterne, Senior Portfolio Manager of the Manager (Age 50)
- John Sulski, Portfolio Manager of the Manager
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 number of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (7.04%), Prudential PLC (2.89%), Mitsubishi UFJ Trust & Banking Corp (1.35%), United Services Automobile Association (1.07%), Panagora Asset Management Inc. (0.72%) and Assetmark Inc. (0.41%).
Which institutional investors are selling iShares iBoxx $ Investment Grade Corporate Bond ETF stock?
LQD stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Panagora Asset Management Inc., Fisher Asset Management LLC, FDx Advisors Inc., Ellis Investment Partners LLC, Edge Wealth Management LLC, Marshall Wace LLP and Assetmark Inc..
Which institutional investors are buying iShares iBoxx $ Investment Grade Corporate Bond ETF stock?
LQD stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, United Services Automobile Association, Mitsubishi UFJ Trust & Banking Corp, BNP Paribas Arbitrage SA, Cambridge Investment Research Advisors Inc., Capital Financial Planning LLC, Prime Capital Investment Advisors LLC and WestEnd Advisors LLC.
How do I buy shares of iShares iBoxx $ Investment Grade Corporate Bond ETF?
Shares of LQD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is iShares iBoxx $ Investment Grade Corporate Bond ETF's stock price today?
One share of LQD stock can currently be purchased for approximately $127.85.
How big of a company is iShares iBoxx $ Investment Grade Corporate Bond ETF?
What is iShares iBoxx $ Investment Grade Corporate Bond ETF's official website?
How can I contact iShares iBoxx $ Investment Grade Corporate Bond ETF?
iShares iBoxx $ Investment Grade Corporate Bond ETF's mailing address is 45 Fremont Street, San Francisco, 94105, United States. The exchange traded fund can be reached via phone at +1-800-4742737.
MarketBeat Community Rating for iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA LQD)
MarketBeat's community ratings are surveys of what our community members think about iShares iBoxx $ Investment Grade Corporate Bond ETF and other stocks. Vote "Outperform" if you believe LQD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LQD will underperform the S&P 500 over the long term. You may vote once every thirty days.
