iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Volume Increase – Time to Buy?

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) shares saw strong trading volume on Wednesday . 759,897 shares traded hands during trading, an increase of 311% from the previous session’s volume of 184,861 shares.The stock last traded at $47.30 and had previously closed at $47.71.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

The stock has a 50-day moving average of $48.56 and a 200-day moving average of $47.70.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Park Avenue Securities LLC acquired a new position in shares of iShares Aaa – A Rated Corporate Bond ETF in the third quarter worth approximately $2,833,000. Raymond James Financial Services Advisors Inc. lifted 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 worth $14,093,000 after purchasing an additional 8,204 shares during the period. Kelly Financial Services LLC boosted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 42.0% in the 3rd quarter. Kelly Financial Services LLC now owns 92,191 shares of the company’s stock valued at $4,531,000 after purchasing an additional 27,266 shares during the last quarter. Wooster Corthell Wealth Management Inc. increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.0% during the second quarter. Wooster Corthell Wealth Management Inc. now owns 193,882 shares of the company’s stock worth $9,085,000 after buying an additional 1,987 shares during the period. Finally, Simplicity Wealth LLC raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 19.2% during the second quarter. Simplicity Wealth LLC now owns 7,181 shares of the company’s stock worth $337,000 after buying an additional 1,159 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.