iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 19,211 shares, a drop of 94.6% from the September 30th total of 352,762 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 68,387 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
Institutional investors have recently made changes to their positions in the stock. Roble Belko & Company Inc bought a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter worth about $3,808,000. HORAN Wealth LLC acquired a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the second quarter worth about $607,000. Prime Capital Investment Advisors LLC increased its holdings in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 5.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 156,278 shares of the company’s stock valued at $3,552,000 after buying an additional 7,714 shares during the period. NBH Bank bought a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 2nd quarter valued at about $85,000. Finally, United Community Bank bought a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 2nd quarter valued at about $293,000.
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Performance
Shares of LQDW traded up $0.05 during mid-day trading on Monday, reaching $22.79. The company’s stock had a trading volume of 31,645 shares, compared to its average volume of 84,304. iShares Investment Grade Corporate Bond BuyWrite Strategy ETF has a 1-year low of $22.28 and a 1-year high of $25.42. The business has a 50-day simple moving average of $22.95 and a two-hundred day simple moving average of $23.80.
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.
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