Investors Buy High Volume of Put Options on iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the recipient of unusually large options trading activity on Monday. Stock investors bought 161,004 put options on the company. This represents an increase of approximately 173% compared to the average volume of 58,989 put options.

Hedge Funds Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Valeo Financial Advisors LLC increased its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 39.8% in the second quarter. Valeo Financial Advisors LLC now owns 4,034 shares of the exchange traded fund’s stock worth $440,000 after buying an additional 1,149 shares during the last quarter. Rathbones Group PLC boosted its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 64.5% during the 1st quarter. Rathbones Group PLC now owns 18,626 shares of the exchange traded fund’s stock valued at $2,030,000 after acquiring an additional 7,304 shares during the last quarter. Strategic Investment Advisors MI grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 11.4% during the 1st quarter. Strategic Investment Advisors MI now owns 87,138 shares of the exchange traded fund’s stock worth $9,507,000 after acquiring an additional 8,909 shares in the last quarter. Hilltop Holdings Inc. grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 15.7% during the 1st quarter. Hilltop Holdings Inc. now owns 257,303 shares of the exchange traded fund’s stock worth $28,043,000 after acquiring an additional 34,847 shares in the last quarter. Finally, Finhabits Advisors LLC increased its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2.4% in the 1st quarter. Finhabits Advisors LLC now owns 100,809 shares of the exchange traded fund’s stock worth $10,987,000 after purchasing an additional 2,333 shares during the last quarter. 89.30% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA:LQD opened at $107.21 on Wednesday. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $106.93 and a one year high of $112.93. The business’s 50-day simple moving average is $108.58 and its 200 day simple moving average is $109.54. The stock has a market cap of $35.10 billion, a price-to-earnings ratio of 32.25 and a beta of 0.43.

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. The Index may include large-, mid- or small-capitalization companies, and components primarily include consumer services, financial, and oil and gas companies.