iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sets New 1-Year Low – Time to Sell?

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $46.40 and last traded at $46.42, with a volume of 115016 shares. The stock had previously closed at $46.60.

iShares Aaa – A Rated Corporate Bond ETF Stock Up 0.3%

The firm has a 50 day simple moving average of $47.05 and a 200 day simple moving average of $47.54.

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

A number of large investors have recently modified their holdings of QLTA. Signature Equity Partners LLC increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 250.0% during the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock worth $26,000 after acquiring an additional 395 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in iShares Aaa – A Rated Corporate Bond ETF during the third quarter valued at $34,000. Palladiem LLC bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter valued at about $35,000. WealthShield Partners LLC bought a new stake in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter valued at approximately $48,000. Finally, Bogart Wealth LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter worth $59,000.

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.