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

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) shares saw an uptick in trading volume on Wednesday . 170,390 shares traded hands during trading, an increase of 2% from the previous session’s volume of 167,269 shares.The stock last traded at $46.96 and had previously closed at $46.97.

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

The business has a fifty day simple moving average of $47.19 and a 200 day simple moving average of $47.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of QLTA. Annex Advisory Services LLC acquired a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter valued at approximately $113,039,000. Miracle Mile Advisors LLC increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 0.9% during the 4th quarter. Miracle Mile Advisors LLC now owns 1,621,534 shares of the company’s stock valued at $75,872,000 after purchasing an additional 13,868 shares during the period. FMR LLC raised its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 166,986.6% in the 3rd quarter. FMR LLC now owns 1,548,893 shares of the company’s stock worth $76,128,000 after buying an additional 1,547,966 shares in the last quarter. Eastern Bank boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 1.3% during the third quarter. Eastern Bank now owns 818,424 shares of the company’s stock valued at $40,226,000 after buying an additional 10,231 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 9.2% during the third quarter. HighTower Advisors LLC now owns 711,682 shares of the company’s stock worth $34,974,000 after acquiring an additional 59,955 shares during the period.

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.