Stock Traders Purchase High Volume of iShares iBoxx $ Investment Grade Corporate Bond ETF Call Options (NYSEARCA:LQD)

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the target of some unusual options trading activity on Wednesday. Investors acquired 118,135 call options on the company. This represents an increase of 117% compared to the average daily volume of 54,356 call options.

Institutional Investors Weigh In On iShares iBoxx $ Investment Grade Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Strategic Blueprint LLC grew its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 120.2% during the fourth quarter. Strategic Blueprint LLC now owns 8,501 shares of the exchange traded fund’s stock valued at $941,000 after purchasing an additional 4,640 shares during the period. Harbor Investment Advisory LLC lifted its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 307.5% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,783 shares of the exchange traded fund’s stock valued at $308,000 after acquiring an additional 2,100 shares in the last quarter. Bay Harbor Wealth Management LLC boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 51.7% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 26,932 shares of the exchange traded fund’s stock worth $2,980,000 after acquiring an additional 9,182 shares during the period. Tennessee Valley Asset Management Partners boosted its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 6.0% in the fourth quarter. Tennessee Valley Asset Management Partners now owns 21,312 shares of the exchange traded fund’s stock worth $2,358,000 after acquiring an additional 1,209 shares during the period. Finally, ORG Partners LLC grew its position in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 2,565.5% during the fourth quarter. ORG Partners LLC now owns 1,466 shares of the exchange traded fund’s stock worth $163,000 after purchasing an additional 1,411 shares in the last quarter. Hedge funds and other institutional investors own 89.30% of the company’s stock.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Down 0.1 %

iShares iBoxx $ Investment Grade Corporate Bond ETF stock traded down $0.07 during mid-day trading on Wednesday, reaching $109.53. 20,724,270 shares of the stock traded hands, compared to its average volume of 27,462,438. iShares iBoxx $ Investment Grade Corporate Bond ETF has a 12-month low of $98.24 and a 12-month high of $111.40. The business’s 50-day moving average is $108.12 and its 200-day moving average is $107.69.

About iShares iBoxx $ Investment Grade Corporate Bond ETF

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.