iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) traded up 0.3% during mid-day trading on Monday . The stock traded as high as $86.20 and last traded at $86.10. 1,134 shares were traded during mid-day trading, an increase of 11% from the average session volume of 1,023 shares. The stock had previously closed at $85.81.
iShares BBB Rated Corporate Bond ETF Price Performance
The firm has a fifty day moving average of $85.43 and a 200-day moving average of $86.39.
Institutional Trading of iShares BBB Rated Corporate Bond ETF
Several large investors have recently added to or reduced their stakes in LQDB. Insight Wealth Partners LLC acquired a new stake in iShares BBB Rated Corporate Bond ETF in the 3rd quarter valued at $2,216,000. Integrated Wealth Concepts LLC grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 4.2% during the third quarter. Integrated Wealth Concepts LLC now owns 6,150 shares of the company’s stock valued at $544,000 after acquiring an additional 250 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 496.3% during the fourth quarter. Bank of New York Mellon Corp now owns 26,004 shares of the company’s stock valued at $2,208,000 after acquiring an additional 21,643 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 355.3% during the fourth quarter. Jane Street Group LLC now owns 44,748 shares of the company’s stock valued at $3,800,000 after acquiring an additional 34,920 shares in the last quarter.
About iShares BBB Rated Corporate Bond ETF
The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.
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