Short Interest in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Declines By 53.1%

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 38,021 shares, a decrease of 53.1% from the June 30th total of 81,042 shares. Based on an average daily volume of 403,002 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in QLTA. Composition Wealth LLC raised its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.4% in the 4th quarter. Composition Wealth LLC now owns 2,031,746 shares of the company’s stock valued at $97,707,000 after purchasing an additional 28,077 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 4.9% during the fourth quarter. HighTower Advisors LLC now owns 1,064,474 shares of the company’s stock valued at $51,191,000 after purchasing an additional 49,975 shares in the last quarter. State of New Jersey Common Pension Fund D increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 200.0% during the fourth 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 buying an additional 500,000 shares during the period. UBS Group AG increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 52.5% during the third quarter. UBS Group AG now owns 534,904 shares of the company’s stock valued at $25,927,000 after buying an additional 184,233 shares during the period. Finally, Cornerstone Advisors Asset Management LLC raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 16.0% in the fourth quarter. Cornerstone Advisors Asset Management LLC now owns 447,791 shares of the company’s stock worth $21,534,000 after buying an additional 61,711 shares in the last quarter.

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

NYSEARCA QLTA traded up $0.11 on Tuesday, reaching $46.73. 161,690 shares of the stock traded hands, compared to its average volume of 379,737. iShares Aaa – A Rated Corporate Bond ETF has a 12 month low of $46.46 and a 12 month high of $49.02. The company has a fifty day moving average price of $47.23 and a 200-day moving average price of $47.67.

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.