iShares iBoxx $ Investment Grade Corporate Bond ETF Sees Unusually Large Options Volume (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the target of unusually large options trading on Monday. Stock traders bought 58,590 put options on the stock. This represents an increase of approximately 56% compared to the typical daily volume of 37,589 put options.

Institutional Investors Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

Several hedge funds have recently modified their holdings of LQD. BNP Paribas increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.2% in the 4th quarter. BNP Paribas now owns 1,665,560 shares of the exchange traded fund’s stock valued at $177,948,000 after purchasing an additional 219,708 shares in the last quarter. Aspect Partners LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 33,367.4% in the fourth quarter. Aspect Partners LLC now owns 193,776 shares of the exchange traded fund’s stock valued at $20,703,000 after purchasing an additional 193,197 shares during the period. Marshall Wace LLP increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 28.4% in the fourth quarter. Marshall Wace LLP now owns 780,749 shares of the exchange traded fund’s stock valued at $83,415,000 after buying an additional 172,549 shares in the last quarter. iA Global Asset Management Inc. raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 24.4% during the 4th quarter. iA Global Asset Management Inc. now owns 611,200 shares of the exchange traded fund’s stock worth $65,301,000 after buying an additional 120,000 shares during the period. Finally, Mufg Securities Americas Inc. purchased a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $10,684,000. 89.30% of the stock is owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA LQD opened at $105.31 on Wednesday. The company has a market capitalization of $29.52 billion, a PE ratio of 32.87 and a beta of 0.45. The company’s fifty day moving average price is $108.13 and its 200 day moving average price is $108.70. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 1 year low of $104.14 and a 1 year high of $114.07.

iShares iBoxx $ Investment Grade Corporate Bond ETF Company Profile

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States.