iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) was the recipient of some unusual options trading on Wednesday. Stock traders purchased 10,004 put options on the stock. This is an increase of approximately 145% compared to the typical daily volume of 4,076 put options.

Several hedge funds and other institutional investors have recently made changes to their positions in LQD. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 81.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock valued at $112,000 after purchasing an additional 421 shares during the period. Westwood Holdings Group Inc. acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $129,000. Captrust Financial Advisors acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $131,000. Forward Management LLC acquired a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter valued at about $137,000. Finally, Sandy Spring Bank raised its holdings in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 49.9% during the second quarter. Sandy Spring Bank now owns 1,352 shares of the exchange traded fund’s stock valued at $163,000 after purchasing an additional 450 shares during the period.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) opened at 121.24 on Friday. iShares IBoxx $ Invest Grade Corp Bd Fd has a 1-year low of $115.55 and a 1-year high of $123.51. The firm has a 50 day moving average price of $120.95 and a 200 day moving average price of $119.51.

The business also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Wednesday, September 6th were issued a dividend of $0.3202 per share. The ex-dividend date was Friday, September 1st. This represents a $3.84 annualized dividend and a dividend yield of 3.17%. This is a positive change from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.32.

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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.

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