LQDW stock icon

iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
LQDW

$28.39
0.04%

Market Cap: $202M

0
Funds holding %
of 6,728 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

4% more funds holding

Funds holding: 23 [Q1] → 24 (+1) [Q2]

0.47% less ownership

Funds ownership: 20.77% [Q1] → 20.31% (-0.47%) [Q2]

1% less capital invested

Capital invested by funds: $35.3M [Q1] → $35.1M (-$220K) [Q2]

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

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Research analyst outlook

We haven’t received any recent analyst ratings for LQDW.

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Financial journalist opinion

Negative
Seeking Alpha
4 days ago
LQDW: NAV Erosion And Unsustainable Distributions
iShares Investment Grade Corporate Bond Buywrite Strategy ETF has significantly underperformed its underlying asset, LQD, due to its covered call strategy. LQDW's unsustainable options strategy causes significant NAV erosion, making it a poor choice for long-term investors. NAV drops that are larger than the underlying asset show that LQDW's trades are frequently unprofitable. The fund barely holds its value, even with all distributions reinvested.
LQDW: NAV Erosion And Unsustainable Distributions
Neutral
Seeking Alpha
1 month ago
LQDW: The Great Illusion Of 2-Digit Yields
iShares Investment Grade Corporate Bond Buywrite Strategy ETF pays a 2-digit yield thanks to a covered call strategy based on a bond ETF. Such a fund is likely to attract income-oriented investors. However, historical data point to a heavy loss in capital and a shrinking average distribution in just 2 years of existence.
LQDW: The Great Illusion Of 2-Digit Yields
Negative
Seeking Alpha
4 months ago
LQDW: Not The Best If Expecting Extreme Outcomes
LQDW is a covered call strategy based on writing calls on the LQD while also going long. It's not too bad if you expect downside in the LQD, though it still faces downside risk. It's not great if you expect a decent amount of upside or more in the LQD.
LQDW: Not The Best If Expecting Extreme Outcomes
Negative
Seeking Alpha
7 months ago
LQDW: Taking Advantage Of Elevated Bond Volatility
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF has lost money since its launch in August 2022 due to rising yields and extreme volatility. The ETF should perform better in 2024 as high Treasury yields and implied volatility rates result in strong income, while the scope for large moved in yields has diminished. A renewed rise in inflation poses the main risk to the LQDW as it would put upside pressure on yields as well as potentially triggering a rise in volatility.
LQDW: Taking Advantage Of Elevated Bond Volatility
Positive
Seeking Alpha
8 months ago
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 1/11/24.
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Neutral
Seeking Alpha
9 months ago
79 Monthly-Paying Dividend Stocks And 80 Funds For December
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300% or more! These December U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (79); 2. Stocks by price upside (30); 3. Closed-End-Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.5% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 12/8/23.
79 Monthly-Paying Dividend Stocks And 80 Funds For December
Positive
ETF Trends
10 months ago
Recapping BlackRock's Strong Fixed Income Flows
The U.S. ETF industry continues to evolve. In the first 10 months of 2023, fixed income ETFs gathered more than 40% share of the net inflows, despite representing just 20% share of the market.
Recapping BlackRock's Strong Fixed Income Flows
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