iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Trading Up 0.5% – Should You Buy?

Shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) were up 0.5% during trading on Wednesday . The company traded as high as $26.41 and last traded at $26.22. Approximately 17,820 shares were traded during mid-day trading, The stock had previously closed at $26.09.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Up 0.5 %

The business’s fifty day moving average price is $26.52 and its 200 day moving average price is $27.42.

Institutional Trading of 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 raised its stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) by 14.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,242 shares of the company’s stock after acquiring 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 as of its most recent SEC filing.

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.