iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Trading Down 0.3% – Should You Sell?

Posted by ABMN Staff on Jan 2nd, 2025

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) shares were down 0.3% on Wednesday . The company traded as low as $84.77 and last traded at $84.92. Approximately 1,497 shares were traded during trading, an increase of 57% from the average daily volume of 954 shares. The stock had previously closed at $85.14.

iShares BBB Rated Corporate Bond ETF Trading Down 0.3 %

The company’s 50-day simple moving average is $86.11 and its 200-day simple moving average is $86.60.

Hedge Funds Weigh In On 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 increased its stake in shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Free Report) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,150 shares of the company’s stock after buying an additional 250 shares during the period. Integrated Wealth Concepts LLC owned 1.54% of iShares BBB Rated Corporate Bond ETF worth $544,000 as of its most recent filing with the SEC.

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.