iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Shares Down 0.3% – Should You Sell?

Posted by Stacy Sanders on Jan 3rd, 2025

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report)’s share price fell 0.3% on Wednesday . The company traded as low as $84.77 and last traded at $84.92. 1,497 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 954 shares. The stock had previously closed at $85.14.

iShares BBB Rated Corporate Bond ETF Stock Performance

The company’s fifty day moving average is $86.05 and its 200-day moving average is $86.57.

Hedge Funds Weigh In On iShares BBB Rated Corporate Bond ETF

A hedge fund recently bought a new stake in iShares BBB Rated Corporate Bond ETF stock. Insight Wealth Partners LLC acquired a new position in shares of iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,039 shares of the company’s stock, valued at approximately $2,216,000. iShares BBB Rated Corporate Bond ETF accounts for about 0.4% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 27th biggest holding. Insight Wealth Partners LLC owned 6.26% of iShares BBB Rated Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

About iShares BBB Rated Corporate Bond ETF

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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.