iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Trading Down 0.2% – Should You Sell?

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB)’s share price fell 0.2% on Thursday . The stock traded as low as $85.06 and last traded at $85.06. 65 shares were traded during mid-day trading, a decline of 88% from the average session volume of 555 shares. The stock had previously closed at $85.22.

iShares BBB Rated Corporate Bond ETF Stock Down 0.2 %

The firm’s 50 day simple moving average is $85.62 and its 200 day simple moving average is $86.53.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

A hedge fund recently raised its stake in iShares BBB Rated Corporate Bond ETF stock. Integrated Wealth Concepts LLC boosted its stake in shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,150 shares of the company’s stock after purchasing an additional 250 shares during the quarter. Integrated Wealth Concepts LLC owned about 1.54% of iShares BBB Rated Corporate Bond ETF worth $544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About iShares BBB Rated Corporate Bond ETF

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.