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

Shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) fell 0.2% on Tuesday . The stock traded as low as $87.26 and last traded at $87.26. 158 shares changed hands during trading, a decline of 88% from the average session volume of 1,343 shares. The stock had previously closed at $87.40.

iShares BBB Rated Corporate Bond ETF Trading Down 0.2%

The stock has a fifty day moving average price of $87.81 and a two-hundred day moving average price of $87.01.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of LQDB. Bank of America Corp DE grew its position in shares of iShares BBB Rated Corporate Bond ETF by 29.5% during the 3rd quarter. Bank of America Corp DE now owns 45,370 shares of the company’s stock worth $3,991,000 after purchasing an additional 10,326 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of iShares BBB Rated Corporate Bond ETF by 8.2% in the third quarter. Citadel Advisors LLC now owns 22,480 shares of the company’s stock valued at $1,977,000 after buying an additional 1,706 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in iShares BBB Rated Corporate Bond ETF by 5.0% during the third quarter. Integrated Wealth Concepts LLC now owns 7,400 shares of the company’s stock worth $651,000 after buying an additional 350 shares in the last quarter.

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.