Traders Purchase Large Volume of Put Options on iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) saw some unusual options trading on Friday. Stock traders bought 95,197 put options on the stock. This represents an increase of 63% compared to the typical volume of 58,239 put options.

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

Several large investors have recently modified their holdings of LQD. Thompson Investment Management Inc. raised its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 95.7% during the first quarter. Thompson Investment Management Inc. now owns 225 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 110 shares in the last quarter. ORG Partners LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth $28,000. PSI Advisors LLC boosted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 125 shares during the period. Anfield Capital Management LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter worth $39,000. Finally, 1620 Investment Advisors Inc. bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter valued at $46,000. Institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Trading Down 0.1 %

NYSEARCA LQD opened at $110.75 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12 month low of $98.24 and a 12 month high of $114.07. The company’s fifty day moving average price is $112.01 and its two-hundred day moving average price is $108.98.

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.