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

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-strong trading volume on Wednesday . Approximately 2,390,135 shares changed hands during mid-day trading, an increase of 1,243% from the previous session’s volume of 178,014 shares.The stock last traded at $48.65 and had previously closed at $48.51.

iShares Aaa – A Rated Corporate Bond ETF Stock Down 0.1 %

The firm’s 50-day moving average price is $48.77 and its 200 day moving average price is $47.58.

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

A number of institutional investors have recently modified their holdings of the business. Claro Advisors LLC boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 13.2% in the third quarter. Claro Advisors LLC now owns 5,650 shares of the company’s stock valued at $255,000 after buying an additional 661 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 0.7% in the third quarter. Creative Planning now owns 169,149 shares of the company’s stock worth $8,314,000 after acquiring an additional 1,155 shares during the last quarter. Concourse Financial Group Securities Inc. bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter valued at approximately $189,000. Simplicity Wealth LLC grew its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 73.9% during the 3rd quarter. Simplicity Wealth LLC now owns 12,488 shares of the company’s stock valued at $614,000 after purchasing an additional 5,307 shares during the last quarter. Finally, Kelly Financial Services LLC increased its position in iShares Aaa – A Rated Corporate Bond ETF by 42.0% during the 3rd quarter. Kelly Financial Services LLC now owns 92,191 shares of the company’s stock worth $4,531,000 after purchasing an additional 27,266 shares in 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.