iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report)’s share price dropped 0.2% during mid-day trading on Thursday . The company traded as low as $85.06 and last traded at $85.06. Approximately 65 shares were traded during trading, a decline of 88% from the average daily volume of 555 shares. The stock had previously closed at $85.22.
iShares BBB Rated Corporate Bond ETF Stock Performance
The company’s 50 day moving average is $85.61 and its 200-day moving average is $86.53.
Institutional Trading of iShares BBB Rated Corporate Bond ETF
An institutional investor recently raised its position in iShares BBB Rated Corporate Bond ETF stock. Integrated Wealth Concepts LLC raised its holdings in iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Free Report) by 4.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,150 shares of the company’s stock after buying an additional 250 shares during the period. Integrated Wealth Concepts LLC owned about 1.54% of iShares BBB Rated Corporate Bond ETF worth $544,000 as of its most recent filing with the Securities and Exchange Commission.
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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