iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD – Get Free Report) was the target of unusually large options trading on Monday. Traders acquired 161,004 put options on the company. This is an increase of 173% compared to the typical daily volume of 58,989 put options.
Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF
A number of large investors have recently modified their holdings of LQD. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 4th quarter valued at $32,000. Jessup Wealth Management Inc bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at $33,000. Comprehensive Financial Planning Inc. PA raised its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 175.4% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 336 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 214 shares during the last quarter. EQ Wealth Advisors LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the fourth quarter worth $41,000. Finally, Park National Corp OH bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 1st quarter valued at about $43,000. 89.30% of the stock is currently owned by institutional investors.
iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.2%
NYSEARCA:LQD traded down $0.17 on Monday, hitting $107.29. The stock had a trading volume of 7,639,003 shares, compared to its average volume of 34,262,102. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 52 week low of $106.93 and a 52 week high of $112.93. The business’s fifty day moving average is $108.65 and its 200 day moving average is $109.59. The company has a market cap of $34.98 billion, a PE ratio of 32.25 and a beta of 0.43.
iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile
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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.
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