Shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) dropped 0.7% on Tuesday . The stock traded as low as $85.94 and last traded at $85.94. Approximately 185 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 956 shares. The stock had previously closed at $86.56.
iShares BBB Rated Corporate Bond ETF Stock Performance
The business has a 50-day moving average price of $87.49 and a 200-day moving average price of $86.22.
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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