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

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) saw unusually large options trading activity on Wednesday. Stock investors purchased 90,187 call options on the company. This represents an increase of 50% compared to the typical daily volume of 60,205 call options.

Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NYL Investors LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 54.3% during the first quarter. NYL Investors LLC now owns 14,399,810 shares of the exchange traded fund’s stock worth $1,568,427,000 after purchasing an additional 5,070,356 shares during the last quarter. Empower Annuity Insurance Co purchased a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth $277,575,000. Migdal Insurance & Financial Holdings Ltd. raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock worth $246,296,000 after acquiring an additional 1,961,934 shares in the last quarter. SG Americas Securities LLC raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 8,602.5% in the third quarter. SG Americas Securities LLC now owns 312,768 shares of the exchange traded fund’s stock worth $35,337,000 after acquiring an additional 309,174 shares in the last quarter. Finally, iA Global Asset Management Inc. raised its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 27.7% in the first quarter. iA Global Asset Management Inc. now owns 567,200 shares of the exchange traded fund’s stock worth $61,779,000 after acquiring an additional 123,000 shares in the last quarter. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 1.0 %

Shares of NYSEARCA:LQD opened at $108.19 on Thursday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $101.48 and a 1 year high of $114.07. The firm’s 50-day moving average is $111.41 and its two-hundred day moving average is $109.25.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile

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.