iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Shares Up 0% – Time to Buy?

Shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) shot up 0% during trading on Wednesday . The stock traded as high as $24.73 and last traded at $24.72. 60,947 shares were traded during mid-day trading, a decline of 28% from the average session volume of 85,205 shares. The stock had previously closed at $24.71.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Trading Up 0.0%

The stock has a 50-day moving average price of $24.64 and a two-hundred day moving average price of $24.96.

Institutional Trading of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

Large investors have recently added to or reduced their stakes in the company. Private Trust Co. NA bought a new position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 3rd quarter valued at approximately $142,000. Triumph Capital Management purchased a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the third 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% during the third quarter. Prime Capital Investment Advisors LLC now owns 335,819 shares of the company’s stock valued at $8,486,000 after purchasing 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.