iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) Stock Price Cross Below 200-Day Moving Average – Here’s What Happened

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $109.89 and traded as low as $106.55. iShares iBoxx $ Investment Grade Corporate Bond ETF shares last traded at $106.67, with a volume of 13,091,762 shares traded.

iShares iBoxx $ Investment Grade Corporate Bond ETF Stock Up 0.3 %

The business has a fifty day moving average of $109.18 and a 200 day moving average of $109.88.

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

Large investors have recently bought and sold shares of the business. Anfield Capital Management LLC bought a new stake in iShares iBoxx $ Investment Grade Corporate Bond ETF during the second quarter worth approximately $39,000. Mascoma Wealth Management LLC acquired a new stake in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF in the third quarter worth $47,000. Quent Capital LLC boosted its holdings in shares of iShares iBoxx $ Investment Grade Corporate Bond ETF by 811.8% during the 3rd quarter. Quent Capital LLC now owns 465 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 414 shares during the period. Future Financial Wealth Managment LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 3rd quarter valued at $55,000. Finally, Viewpoint Capital Management LLC acquired a new position in iShares iBoxx $ Investment Grade Corporate Bond ETF in the 2nd quarter valued at $60,000. 89.30% of the stock is currently owned by institutional investors.

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.