iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Stock Price Down 0.3% – What’s Next?

Shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) dropped 0.3% during trading on Monday . The stock traded as low as $24.79 and last traded at $24.73. Approximately 42,390 shares changed hands during trading, a decline of 32% from the average daily volume of 62,138 shares. The stock had previously closed at $24.7966.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Down 0.3%

The stock’s 50 day moving average price is $24.71 and its 200-day moving average price is $25.04.

Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of hedge funds have recently bought and sold shares of LQDW. Private Trust Co. NA bought a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 3rd quarter valued at about $142,000. Triumph Capital Management purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 3rd quarter valued at $201,000. Finally, Prime Capital Investment Advisors LLC lifted its position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 6.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 335,819 shares of the company’s stock worth $8,486,000 after buying an additional 19,899 shares during the last quarter.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Company Profile

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.