iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Shares Up 0.2%

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB)’s share price traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $83.88 and last traded at $83.73. 543 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 966 shares. The stock had previously closed at $83.57.

iShares BBB Rated Corporate Bond ETF Stock Up 0.2 %

The stock has a fifty day moving average of $84.82 and a 200-day moving average of $84.15.

Institutional Trading of iShares BBB Rated Corporate Bond ETF

A hedge fund recently bought a new stake in iShares BBB Rated Corporate Bond ETF stock. Mercer Global Advisors Inc. ADV acquired a new position in shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 53,424 shares of the company’s stock, valued at approximately $4,323,000. Mercer Global Advisors Inc. ADV owned about 17.81% of iShares BBB Rated Corporate Bond ETF at the end of the most recent quarter.

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.