iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Stock Price Up 1.5% – Here’s What Happened

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) traded up 1.5% during mid-day trading on Tuesday . The company traded as high as $26.41 and last traded at $26.50. 17,820 shares were traded during trading, The stock had previously closed at $26.09.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Up 1.5 %

The company’s 50 day simple moving average is $26.75 and its 200 day simple moving average is $27.62.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, November 7th. Stockholders of record on Monday, November 4th were issued a dividend of $0.2262 per share. The ex-dividend date of this dividend was Monday, November 4th.

Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

An institutional investor recently raised its position in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF stock. Prime Capital Investment Advisors LLC boosted its stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) by 14.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,242 shares of the company’s stock after purchasing an additional 33,027 shares during the period. Prime Capital Investment Advisors LLC owned about 4.39% of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF worth $7,334,000 at the end of the most recent 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.