iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Hits New 1-Year Low – Here’s What Happened

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $46.46 and last traded at $46.46, with a volume of 2369 shares traded. The stock had previously closed at $46.60.

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

The business has a fifty day moving average of $47.20 and a 200 day moving average of $47.64.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Composition Wealth LLC grew its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.4% during the fourth quarter. Composition Wealth LLC now owns 2,031,746 shares of the company’s stock worth $97,707,000 after buying an additional 28,077 shares in the last quarter. HighTower Advisors LLC raised its holdings in iShares Aaa – A Rated Corporate Bond ETF by 4.9% in the fourth quarter. HighTower Advisors LLC now owns 1,064,474 shares of the company’s stock valued at $51,191,000 after acquiring an additional 49,975 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 200.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 750,000 shares of the company’s stock valued at $36,068,000 after acquiring an additional 500,000 shares during the last quarter. UBS Group AG boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 52.5% during the 3rd quarter. UBS Group AG now owns 534,904 shares of the company’s stock valued at $25,927,000 after acquiring an additional 184,233 shares during the last quarter. Finally, Cornerstone Advisors Asset Management LLC grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 16.0% during the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 447,791 shares of the company’s stock worth $21,534,000 after acquiring an additional 61,711 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. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.