iShares iBoxx $ Investment Grade Corporate Bond ETF Target of Unusually High Options Trading (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the recipient of unusually large options trading on Wednesday. Traders acquired 90,187 call options on the stock. This is an increase of approximately 50% compared to the average volume of 60,205 call options.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 1.2 %

LQD opened at $109.47 on Friday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $101.48 and a 12-month high of $114.07. The business has a 50 day moving average of $111.41 and a 200-day moving average of $109.25.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mount Lucas Management LP raised its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.6% during the third quarter. Mount Lucas Management LP now owns 6,681 shares of the exchange traded fund’s stock worth $755,000 after acquiring an additional 169 shares during the last quarter. NYL Investors LLC increased its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 14.4% during the 3rd quarter. NYL Investors LLC now owns 8,916,703 shares of the exchange traded fund’s stock valued at $1,007,409,000 after purchasing an additional 1,124,415 shares during the period. Mascoma Wealth Management LLC bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $47,000. Empower Annuity Insurance Co acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $277,575,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 899.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,180,000 shares of the exchange traded fund’s stock valued at $246,296,000 after purchasing an additional 1,961,934 shares during the last quarter. Institutional investors own 89.30% of the company’s stock.

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.