iShares BBB Rated Corporate Bond ETF (LQDB)
iShares BBB Rated Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $84.71, up 0.10% on the session, giving a market capitalisation of $59.3M. Its beta of 1.03 implies it has historically moved more than the broad market.
This iShares ETF, named the BBB Rated Corporate Bond ETF, aims to mirror the financial performance of a particular index. This benchmark is comprised of corporate debt securities that carry a BBB (or comparable) credit rating, pay a constant interest rate, and are issued in U.S. dollars. These fixed-income instruments originate from companies located both within the United States and globally.
iShares BBB Rated Corporate Bond ETF is most often compared with the following Financial Services names: