iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) Stock Price Up 0.3% – What’s Next?

Shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (BATS:LQDW) rose 0.3% during trading on Monday . The stock traded as high as $23.53 and last traded at $23.50. 72,040 shares traded hands during trading, a decline of 8% from the average session volume of 78,100 shares. The stock had previously closed at $23.43.

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF Stock Down 0.1%

The stock has a 50 day moving average price of $23.77 and a two-hundred day moving average price of $24.09.

Institutional Investors Weigh In On iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC acquired a new stake in iShares Investment Grade Corporate Bond BuyWrite Strategy ETF in the 1st quarter valued at about $410,000. Private Trust Co. NA lifted its position in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF by 107.1% during the fourth quarter. Private Trust Co. NA now owns 11,600 shares of the company’s stock worth $285,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in shares of iShares Investment Grade Corporate Bond BuyWrite Strategy ETF during the third quarter valued at approximately $201,000.

About iShares Investment Grade Corporate Bond BuyWrite Strategy ETF

The iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is managed by BlackRock.