iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Shares Up 0.3% – Should You Buy?

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDBGet Free Report)’s stock price shot 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 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 Stock Performance

The firm’s fifty day moving average price is $85.40 and its 200-day moving average price is $86.42.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 4.2% in the third quarter. Integrated Wealth Concepts LLC now owns 6,150 shares of the company’s stock worth $544,000 after purchasing an additional 250 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 496.3% in the fourth quarter. Bank of New York Mellon Corp now owns 26,004 shares of the company’s stock worth $2,208,000 after purchasing an additional 21,643 shares during the last quarter. Insight Wealth Partners LLC bought a new stake in shares of iShares BBB Rated Corporate Bond ETF in the third quarter worth $2,216,000. Finally, Jane Street Group LLC grew its stake in shares of iShares BBB Rated Corporate Bond ETF by 355.3% in the fourth quarter. Jane Street Group LLC now owns 44,748 shares of the company’s stock worth $3,800,000 after purchasing an additional 34,920 shares during the last quarter.

iShares BBB Rated Corporate Bond ETF Company Profile

(Get Free Report)

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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