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

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 76,951 put options on the company. This is an increase of approximately 85% compared to the average volume of 41,608 put options.

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

Several large investors have recently added to or reduced their stakes in the stock. Winthrop Capital Management LLC grew its stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.4% in the first quarter. Winthrop Capital Management LLC now owns 97,539 shares of the exchange traded fund’s stock worth $10,601,000 after purchasing an additional 4,120 shares in the last quarter. Nvwm LLC lifted its holdings in iShares iBoxx $ Investment Grade Corporate Bond ETF by 4.3% in the first quarter. Nvwm LLC now owns 60,827 shares of the exchange traded fund’s stock worth $6,611,000 after purchasing an additional 2,481 shares during the period. Alteri Wealth LLC grew its position in iShares iBoxx $ Investment Grade Corporate Bond ETF by 318.2% in the 1st quarter. Alteri Wealth LLC now owns 8,886 shares of the exchange traded fund’s stock valued at $966,000 after buying an additional 6,761 shares in the last quarter. NYL Investors LLC increased its stake in iShares iBoxx $ Investment Grade Corporate Bond ETF by 442.2% during the 1st quarter. NYL Investors LLC now owns 7,794,361 shares of the exchange traded fund’s stock valued at $847,169,000 after buying an additional 6,356,835 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF during the 1st quarter worth about $441,000. 89.30% of the stock is owned by institutional investors and hedge funds.

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

Shares of NYSEARCA:LQD traded up $0.13 during trading on Thursday, hitting $110.51. 39,640,779 shares of the company traded hands, compared to its average volume of 28,858,090. The business’s fifty day moving average is $111.56 and its 200-day moving average is $109.60. The stock has a market capitalization of $31.95 billion, a price-to-earnings ratio of 32.25 and a beta of 0.46. iShares iBoxx $ Investment Grade Corporate Bond ETF has a one year low of $103.45 and a one year high of $112.93.

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.