iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) traded up 0.2% during mid-day trading on Thursday . The company traded as high as $86.27 and last traded at $86.23. 1,323 shares were traded during mid-day trading, a decline of 72% from the average session volume of 4,712 shares. The stock had previously closed at $86.09.
iShares BBB Rated Corporate Bond ETF Stock Up 0.2%
The stock has a fifty day moving average of $86.30 and a 200-day moving average of $86.97.
Institutional Trading of iShares BBB Rated Corporate Bond ETF
Several hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada acquired a new stake in shares of iShares BBB Rated Corporate Bond ETF in the first quarter worth $334,000. Integrated Wealth Concepts LLC boosted its position in shares of iShares BBB Rated Corporate Bond ETF by 1.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock worth $656,000 after buying an additional 125 shares during the period. Jane Street Group LLC boosted its position in shares of iShares BBB Rated Corporate Bond ETF by 41.9% in the fourth quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock worth $2,488,000 after buying an additional 8,433 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of iShares BBB Rated Corporate Bond ETF in the fourth quarter worth $1,790,000. Finally, Harbour Investments Inc. boosted its position in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the fourth quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock worth $86,000 after buying an additional 584 shares during the period.
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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