iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Trading Up 0.5%

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW)’s share price shot up 0.5% during mid-day trading on Thursday . The company traded as high as $28.06 and last traded at $28.06. 73,846 shares were traded during trading, The stock had previously closed at $27.92.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Price Performance

The company’s 50-day simple moving average is $28.21 and its 200 day simple moving average is $28.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Prime Capital Investment Advisors LLC raised its holdings in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 156.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 193,467 shares of the company’s stock valued at $5,738,000 after acquiring an additional 118,030 shares in the last quarter. Triumph Capital Management acquired a new position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the 1st quarter worth approximately $286,000. Finally, Stonebridge Capital Advisors LLC increased its position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 122.2% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 2,000 shares of the company’s stock valued at $63,000 after purchasing an additional 1,100 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.