iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Unusually-High Trading Volume – Still a Buy?

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-strong trading volume on Thursday . Approximately 543,363 shares traded hands during mid-day trading, an increase of 161% from the previous session’s volume of 207,824 shares.The stock last traded at $47.16 and had previously closed at $47.24.

iShares Aaa – A Rated Corporate Bond ETF Stock Up 0.5 %

The company’s fifty day simple moving average is $47.25 and its 200 day simple moving average is $47.62.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 26.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,016 shares of the company’s stock valued at $515,000 after buying an additional 2,299 shares in the last quarter. NorthCrest Asset Manangement LLC increased its stake in iShares Aaa – A Rated Corporate Bond ETF by 6.6% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 89,706 shares of the company’s stock valued at $4,197,000 after acquiring an additional 5,524 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter valued at about $6,730,000. Invst LLC raised its position in iShares Aaa – A Rated Corporate Bond ETF by 20.7% during the fourth quarter. Invst LLC now owns 21,101 shares of the company’s stock valued at $987,000 after purchasing an additional 3,614 shares in the last quarter. Finally, Glen Eagle Advisors LLC lifted its stake in iShares Aaa – A Rated Corporate Bond ETF by 16.4% during the fourth quarter. Glen Eagle Advisors LLC now owns 34,148 shares of the company’s stock worth $1,598,000 after purchasing an additional 4,823 shares during the last quarter.

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.