iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB) Shares Down 0.8% – What’s Next?

iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDBGet Free Report) shares fell 0.8% on Monday . The company traded as low as $86.53 and last traded at $86.53. 294 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 989 shares. The stock had previously closed at $87.23.

iShares BBB Rated Corporate Bond ETF Stock Down 0.3 %

The stock’s 50 day simple moving average is $87.84 and its 200 day simple moving average is $85.97.

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.

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