iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Stock Price Up 0% – What’s Next?

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB)’s share price rose 0% during trading on Friday . The company traded as high as $85.61 and last traded at $85.55. 1,197 shares were traded during trading, a decline of 76% from the average daily volume of 5,017 shares. The stock had previously closed at $85.53.

iShares BBB Rated Corporate Bond ETF Stock Up 0.0%

The company has a fifty day moving average price of $86.06 and a two-hundred day moving average price of $86.67.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LQDB. Royal Bank of Canada acquired a new position in shares of iShares BBB Rated Corporate Bond ETF during the 1st quarter worth approximately $334,000. Integrated Wealth Concepts LLC raised its stake in shares of iShares BBB Rated Corporate Bond ETF by 1.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 7,525 shares of the company’s stock worth $656,000 after purchasing an additional 125 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares BBB Rated Corporate Bond ETF by 41.9% in the 4th quarter. Jane Street Group LLC now owns 28,557 shares of the company’s stock valued at $2,488,000 after buying an additional 8,433 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of iShares BBB Rated Corporate Bond ETF in the 4th quarter valued at approximately $1,790,000. Finally, Harbour Investments Inc. boosted its holdings in shares of iShares BBB Rated Corporate Bond ETF by 146.0% in the 4th quarter. Harbour Investments Inc. now owns 984 shares of the company’s stock valued at $86,000 after buying an additional 584 shares during 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.