iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 116 shares, an increase of ∞ from the June 30th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,929 shares, the short-interest ratio is currently 0.0 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LQDB. Integrated Wealth Concepts LLC raised its holdings in iShares BBB Rated Corporate Bond ETF by 1.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock worth $656,000 after purchasing an additional 125 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the 4th quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after purchasing an additional 584 shares during the last quarter. Citadel Advisors LLC grew its position in shares of iShares BBB Rated Corporate Bond ETF by 8.2% during the 3rd quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock worth $1,977,000 after buying an additional 1,706 shares during the period. Royal Bank of Canada acquired a new stake in shares of iShares BBB Rated Corporate Bond ETF during the 1st quarter worth approximately $334,000. Finally, Jane Street Group LLC raised its stake in shares of iShares BBB Rated Corporate Bond ETF by 41.9% during 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 last quarter.
iShares BBB Rated Corporate Bond ETF Stock Down 0.2%
Shares of LQDB traded down $0.21 during mid-day trading on Friday, hitting $84.70. The company’s stock had a trading volume of 2,906 shares, compared to its average volume of 4,823. iShares BBB Rated Corporate Bond ETF has a one year low of $84.68 and a one year high of $88.86. The stock’s 50-day moving average is $85.89 and its two-hundred day moving average is $86.52.
iShares BBB Rated Corporate Bond ETF Company Profile
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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