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

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-strong trading volume on Tuesday . Approximately 2,303,821 shares traded hands during trading, an increase of 1,456% from the previous session’s volume of 148,040 shares.The stock last traded at $47.40 and had previously closed at $47.34.

iShares Aaa – A Rated Corporate Bond ETF Trading Down 0.0 %

The firm’s fifty day simple moving average is $47.06 and its two-hundred day simple moving average is $47.07.

Hedge Funds Weigh In On iShares Aaa – A Rated Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 2.8% during 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 buying an additional 8,204 shares in the last quarter. Miracle Mile Advisors LLC lifted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 12.1% in the 2nd quarter. Miracle Mile Advisors LLC now owns 1,525,771 shares of the company’s stock valued at $71,498,000 after purchasing an additional 164,508 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 240.4% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 27,043 shares of the company’s stock worth $1,267,000 after purchasing an additional 19,098 shares during the period. ORG Partners LLC bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the 2nd quarter valued at approximately $80,000. Finally, NorthCrest Asset Manangement LLC increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 3.1% during the 2nd quarter. NorthCrest Asset Manangement LLC now owns 84,813 shares of the company’s stock valued at $3,974,000 after purchasing an additional 2,524 shares during the last quarter.

About iShares Aaa – A Rated Corporate Bond ETF

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.