iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Strong Trading Volume

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw an uptick in trading volume on Thursday . 265,727 shares changed hands during trading, an increase of 60% from the previous session’s volume of 166,137 shares.The stock last traded at $48.64 and had previously closed at $48.68.

iShares Aaa – A Rated Corporate Bond ETF Stock Down 0.2 %

The business’s 50 day moving average is $47.74 and its 200-day moving average is $47.18.

Institutional Investors Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC grew its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 12.1% during the second quarter. Miracle Mile Advisors LLC now owns 1,525,771 shares of the company’s stock valued at $71,498,000 after acquiring an additional 164,508 shares in the last quarter. Wells Fargo & Company MN grew its stake in iShares Aaa – A Rated Corporate Bond ETF by 610.8% during the 4th quarter. Wells Fargo & Company MN now owns 968,950 shares of the company’s stock valued at $46,636,000 after purchasing an additional 832,636 shares in the last quarter. Pacific Wealth Management increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 8.5% during the 2nd quarter. Pacific Wealth Management now owns 492,618 shares of the company’s stock worth $23,084,000 after purchasing an additional 38,661 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 2.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 300,757 shares of the company’s stock valued at $14,093,000 after purchasing an additional 8,204 shares in the last quarter. Finally, Parcion Private Wealth LLC boosted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.5% during the 2nd quarter. Parcion Private Wealth LLC now owns 296,552 shares of the company’s stock valued at $13,896,000 after buying an additional 4,497 shares during the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Company Profile

The iShares Aaa – A Rated Corporate Bond ETF (QLTA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of dollar-denominated fixed-rate corporate bonds rated AAA-A issued by US and non-US corporations with maturities of at least one year.