iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Volume Increase – Should You Buy?

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-strong trading volume on Wednesday . Approximately 104,408 shares traded hands during mid-day trading, a decline of 41% from the previous session’s volume of 176,736 shares.The stock last traded at $47.92 and had previously closed at $47.79.

iShares Aaa – A Rated Corporate Bond ETF Stock Up 0.1 %

The business’s 50 day moving average is $48.70 and its 200 day moving average is $47.65.

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

A number of large investors have recently bought and sold shares of the business. Miracle Mile Advisors LLC raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 5.4% in the third quarter. Miracle Mile Advisors LLC now owns 1,607,666 shares of the company’s stock worth $79,017,000 after buying an additional 81,895 shares in the last quarter. Eastern Bank increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.3% during the third quarter. Eastern Bank now owns 818,424 shares of the company’s stock worth $40,226,000 after purchasing an additional 10,231 shares in the last quarter. Pacific Wealth Management increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 4.2% during the third quarter. Pacific Wealth Management now owns 513,195 shares of the company’s stock worth $25,224,000 after purchasing an additional 20,577 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 2.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 300,757 shares of the company’s stock worth $14,093,000 after purchasing an additional 8,204 shares in the last quarter. Finally, Parcion Private Wealth LLC increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.5% during the second quarter. Parcion Private Wealth LLC now owns 296,552 shares of the company’s stock worth $13,896,000 after purchasing an additional 4,497 shares in 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.