iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw an uptick in trading volume on Wednesday . 833,172 shares traded hands during mid-day trading, an increase of 120% from the previous session’s volume of 378,652 shares.The stock last traded at $47.63 and had previously closed at $47.40.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

The company has a 50-day moving average of $47.78 and a 200 day moving average of $48.14.

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

A number of institutional investors and hedge funds have recently modified their holdings of QLTA. Measured Wealth Private Client Group LLC purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter valued at $34,000. Palladiem LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter worth $35,000. WealthShield Partners LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter worth $48,000. Bogart Wealth LLC bought a new position in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter valued at $59,000. Finally, Steward Partners Investment Advisory LLC increased its position in iShares Aaa – A Rated Corporate Bond ETF by 184.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,232 shares of the company’s stock valued at $59,000 after acquiring an additional 799 shares during the last quarter.

About iShares Aaa – A Rated Corporate Bond ETF

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.