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

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the target of unusually large options trading on Tuesday. Traders bought 75,134 put options on the stock. This represents an increase of approximately 59% compared to the typical daily volume of 47,166 put options.

Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in LQD. Centennial Bank AR bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 1st quarter valued at $34,000. Cohen & Steers Inc. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,407.7% during the 4th quarter. Cohen & Steers Inc. now owns 326 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 313 shares during the period. Bogart Wealth LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 102.8% in the first quarter. Bogart Wealth LLC now owns 503 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 255 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 49.5% in the 1st quarter. AdvisorNet Financial Inc now owns 589 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 195 shares during the period. Finally, Park Square Financial Group LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 4th quarter worth $91,000. 89.30% of the stock is owned by institutional investors and hedge funds.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Up 0.2%

Shares of LQD opened at $107.83 on Thursday. The firm has a market capitalization of $28.67 billion, a P/E ratio of 32.25 and a beta of 0.33. The firm has a 50-day moving average price of $107.72 and a 200 day moving average price of $107.55. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $103.45 and a 12-month high of $114.07.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.