iShares iBoxx $ Investment Grade Corporate Bond ETF Sees Unusually Large Options Volume (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) saw some unusual options trading on Tuesday. Stock traders acquired 174,293 put options on the stock. This is an increase of approximately 197% compared to the typical daily volume of 58,634 put options.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.4 %

Shares of iShares iBoxx $ Investment Grade Corporate Bond ETF stock traded up $0.41 during trading on Tuesday, hitting $109.22. 13,924,686 shares of the stock traded hands, compared to its average volume of 27,137,967. The company has a fifty day moving average price of $111.53 and a two-hundred day moving average price of $109.23. iShares iBoxx $ Investment Grade Corporate Bond ETF has a twelve month low of $101.25 and a twelve month high of $114.07.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. ORG Partners LLC acquired a new position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 2nd quarter worth about $28,000. PSI Advisors LLC raised its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 81.7% in the second quarter. PSI Advisors LLC now owns 278 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 125 shares in the last quarter. Anfield Capital Management LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF in the second quarter valued at about $39,000. Mascoma Wealth Management LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth about $47,000. Finally, 1620 Investment Advisors Inc. bought a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth about $46,000. 89.30% of the stock is owned by institutional investors.

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.