iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its position in iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) by 496.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,004 shares of the company’s stock after purchasing an additional 21,643 shares during the period. Bank of New York Mellon Corp owned about 6.50% of iShares BBB Rated Corporate Bond ETF worth $2,208,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Integrated Wealth Concepts LLC lifted its position in shares of iShares BBB Rated Corporate Bond ETF by 4.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,150 shares of the company’s stock valued at $544,000 after acquiring an additional 250 shares during the period.

iShares BBB Rated Corporate Bond ETF Trading Down 0.2 %

LQDB stock opened at $86.09 on Friday. The firm has a 50 day moving average of $85.61 and a 200-day moving average of $86.32. iShares BBB Rated Corporate Bond ETF has a 12-month low of $83.01 and a 12-month high of $89.02.

iShares BBB Rated Corporate Bond ETF Profile

The iShares BBB Rated Corporate Bond ETF (LQDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB rated USD denominated corporate bonds with at least one year to maturity. LQDB was launched on May 18, 2021 and is managed by BlackRock.