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NYSEARCA:LQD

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

$112.33
-0.05 (-0.04%)
(As of 09/6/2024 ET)
Today's Range
$112.13
$113.06
50-Day Range
$106.11
$112.38
52-Week Range
$98.24
$113.06
Volume
42.00 million shs
Average Volume
27.32 million shs
Market Capitalization
$32.26 billion
Assets Under Management
$32.15 billion
Dividend Yield
4.19%
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

LQD ETF News Headlines

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See More Headlines
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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
2795

Fund Statistics

Assets Under Management
$32.15 billion
Average Daily Volume
$25.96 million
Discount/Premium
0.07%

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
48,500
Put Options
41,700
Call Options
6,800
Short Interest
54,170,000 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%0.52%
Other Expenses0.00%0.13%0.26%0.58%0.54%
Total Expense0.14%0.25%0.40%0.74%0.71%
Fee Waiver0.00%-0.15%-0.25%-0.68%-0.58%
Net Expense0.14%0.23%0.35%0.58%0.59%

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

Top 10 LQD Holdings

  • BLK CSH FND TREASURY SL AGENCY
    Holding Weight: 1.46%
  • 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%
  • T-MOBILE USA INC - 3.88 2030-04-15
    Holding Weight: 0.19%
  • GOLDMAN SACHS GROUP INC/THE - 6.75 2037-10-01
    Holding Weight: 0.17%
  • PFIZER INVESTMENT ENTERPRISES PTE - 5.3 2053-05-19
    Holding Weight: 0.17%
  • ABBVIE INC - 3.2 2029-11-21
    Holding Weight: 0.15%
  • AT&T INC - 3.5 2053-09-15
    Holding Weight: 0.15%
  • AT&T INC - 3.55 2055-09-15
    Holding Weight: 0.15%
  • BOEING CO - 5.8 2050-05-01
    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:

  • The iShares iBoxx $ Investment Grade Corporate Bond ETF has consistently declared monthly distributions, providing investors with a steady income stream.
  • Investing in investment-grade corporate bonds like those in this ETF can offer a relatively stable source of income compared to riskier assets.
  • With a focus on liquid, USD-denominated investment-grade corporate bonds, the ETF provides exposure to a diversified range of companies across various industries.
  • BlackRock Fund Advisors, the Fund's investment adviser, is a reputable and experienced firm in managing ETFs, instilling confidence in the fund's management.
  • During periods of market volatility, investment-grade corporate bonds can serve as a potential safe haven due to their lower default risk compared to lower-grade bonds.

Cons

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

  • Investing in corporate bonds carries interest rate risk, meaning if interest rates rise, the value of existing bonds may decrease.
  • The performance of the ETF is closely tied to the overall bond market, so any adverse movements in the bond market could impact the fund's returns.
  • As an ETF, investors are subject to management fees and expenses, which can erode overall returns over time.
  • Market conditions can affect the liquidity of the underlying bonds, potentially impacting the ETF's ability to trade at fair prices.
  • Investors should consider the current stock price and evaluate whether it aligns with their investment goals and risk tolerance before investing.
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 Tuesday, September 3, 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 this year?

iShares iBoxx $ Investment Grade Corporate Bond ETF's stock was trading at $110.66 on January 1st, 2024. Since then, LQD shares have increased by 1.5% and is now trading at $112.33.
View the best growth stocks for 2024 here
.

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

Top institutional investors of iShares iBoxx $ Investment Grade Corporate Bond ETF include Susquehanna International Group LLP, III Capital Management, Marshall Wace LLP (0.23%) and Country Trust Bank (0.24%).

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.
Compare Top Brokerages Here.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Mastercard (MA).

This page (NYSEARCA:LQD) was last updated on 9/7/2024 by MarketBeat.com Staff

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