iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Stock Price Down 0.2% – Here’s What Happened

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDBGet Free Report)’s stock price dropped 0.2% during trading on Thursday . The stock traded as low as $85.06 and last traded at $85.06. Approximately 65 shares were traded during mid-day 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 Down 0.2 %

The business has a 50 day simple moving average of $85.62 and a 200-day simple moving average of $86.53.

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 boosted its stake in iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDBFree Report) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,150 shares of the company’s stock after acquiring 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 SEC filing.

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.

Further Reading

Receive News & Ratings for iShares BBB Rated Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares BBB Rated Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.