Envestnet Asset Management Inc. Purchases 630,177 Shares of iShares Aaa – A Rated Corporate Bond ETF $QLTA

Envestnet Asset Management Inc. raised its position in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 28.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,881,586 shares of the company’s stock after buying an additional 630,177 shares during the quarter. Envestnet Asset Management Inc. owned 8.22% of iShares Aaa – A Rated Corporate Bond ETF worth $139,670,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of QLTA. Miracle Mile Advisors LLC grew its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 12.5% in the third quarter. Miracle Mile Advisors LLC now owns 2,003,669 shares of the company’s stock valued at $97,118,000 after acquiring an additional 221,916 shares in the last quarter. MAI Capital Management boosted its holdings in iShares Aaa – A Rated Corporate Bond ETF by 6.1% in the 2nd quarter. MAI Capital Management now owns 932,200 shares of the company’s stock valued at $44,596,000 after purchasing an additional 53,979 shares during the period. Vestmark Advisory Solutions Inc. grew its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 73.7% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 702,586 shares of the company’s stock worth $33,612,000 after purchasing an additional 298,166 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 6.1% during the second quarter. Cetera Investment Advisers now owns 672,221 shares of the company’s stock worth $32,159,000 after purchasing an additional 38,425 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 36.6% in the second quarter. Ameriprise Financial Inc. now owns 412,430 shares of the company’s stock valued at $19,726,000 after buying an additional 110,606 shares in the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

Shares of QLTA stock opened at $48.16 on Friday. iShares Aaa – A Rated Corporate Bond ETF has a 1 year low of $45.81 and a 1 year high of $49.02. The stock has a 50 day simple moving average of $48.19 and a 200 day simple moving average of $48.25.

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.