Pacific Wealth Management Reduces Stock Position in iShares Aaa – A Rated Corporate Bond ETF $QLTA

Pacific Wealth Management reduced its stake in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 97.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,497 shares of the company’s stock after selling 305,584 shares during the period. iShares Aaa – A Rated Corporate Bond ETF makes up about 0.2% of Pacific Wealth Management’s holdings, making the stock its 11th largest holding. Pacific Wealth Management’s holdings in iShares Aaa – A Rated Corporate Bond ETF were worth $452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in QLTA. Measured Wealth Private Client Group LLC purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth about $34,000. Palladiem LLC bought a new position in iShares Aaa – A Rated Corporate Bond ETF in the 4th quarter worth about $35,000. WealthShield Partners LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter valued at about $48,000. Bogart Wealth LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter valued at about $59,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 184.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,232 shares of the company’s stock valued at $59,000 after buying an additional 799 shares in the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

Shares of iShares Aaa – A Rated Corporate Bond ETF stock opened at $46.98 on Thursday. iShares Aaa – A Rated Corporate Bond ETF has a 12-month low of $46.73 and a 12-month high of $49.02. The company’s 50-day moving average price is $47.33 and its 200-day moving average price is $47.75.

iShares Aaa – A Rated Corporate Bond ETF 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.