iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) was the target of some unusual options trading activity on Monday. Stock investors acquired 19,574 call options on the company. This is an increase of approximately 425% compared to the typical volume of 3,726 call options.

A number of hedge funds and other institutional investors have recently modified their holdings of LQD. Patriot Financial Group Insurance Agency LLC raised its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 81.6% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 937 shares of the exchange traded fund’s stock valued at $112,000 after buying an additional 421 shares in the last quarter. Forward Management LLC acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $137,000. Portfolio Strategies Inc acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $184,000. Oppenheimer Asset Management Inc. raised its position in iShares IBoxx $ Invest Grade Corp Bd Fd by 2.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 1,562 shares of the exchange traded fund’s stock worth $188,000 after buying an additional 34 shares during the period. Finally, Burney Co. acquired a new position in iShares IBoxx $ Invest Grade Corp Bd Fd during the second quarter worth $202,000.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd (NYSE:LQD) opened at 120.31 on Thursday. iShares IBoxx $ Invest Grade Corp Bd Fd has a one year low of $115.55 and a one year high of $124.45. The company has a 50 day moving average of $120.76 and a 200-day moving average of $118.97.

The business also recently announced a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were paid a dividend of $0.3179 per share. This represents a $3.81 annualized dividend and a yield of 3.17%. The ex-dividend date was Tuesday, August 1st.

TRADEMARK VIOLATION NOTICE: This piece was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this piece on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/10/ishares-iboxx-invest-grade-corp-bd-fd-sees-unusually-high-options-volume-lqd.html.

iShares IBoxx $ Invest Grade Corp Bd Fd 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.

Receive News & Stock Ratings for iShares IBoxx $ Invest Grade Corp Bd Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares IBoxx $ Invest Grade Corp Bd Fd and related stocks with our FREE daily email newsletter.