iShares iBoxx $ Investment Grade Corporate Bond ETF Sees Unusually Large Options Volume (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the target of some unusual options trading on Friday. Stock traders bought 95,197 put options on the company. This is an increase of approximately 63% compared to the typical volume of 58,239 put options.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1 %

LQD stock opened at $110.75 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a fifty-two week low of $98.24 and a fifty-two week high of $114.07. The business’s 50 day moving average price is $112.01 and its two-hundred day moving average price is $108.96.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Thompson Investment Management Inc. grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 95.7% in the 1st quarter. Thompson Investment Management Inc. now owns 225 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 110 shares during the last quarter. ORG Partners LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $28,000. PSI Advisors LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the 2nd quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 125 shares during the last quarter. Anfield Capital Management LLC purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $39,000. Finally, 1620 Investment Advisors Inc. purchased a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.