iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sets New 12-Month Low – Should You Sell?

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA)’s share price reached a new 52-week low on Friday . The company traded as low as $45.81 and last traded at $46.08, with a volume of 352252 shares trading hands. The stock had previously closed at $46.40.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

The firm’s 50 day simple moving average is $47.28 and its 200-day simple moving average is $47.46.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 712.5% in the 4th quarter. Harbour Investments Inc. now owns 975 shares of the company’s stock valued at $46,000 after acquiring an additional 855 shares during the period. PSI Advisors LLC raised its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 744.1% in the fourth quarter. PSI Advisors LLC now owns 1,705 shares of the company’s stock valued at $80,000 after purchasing an additional 1,503 shares during the period. Global Retirement Partners LLC lifted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 18.7% during the 4th quarter. Global Retirement Partners LLC now owns 2,053 shares of the company’s stock worth $96,000 after buying an additional 324 shares during the last quarter. Guardian Wealth Advisors LLC NC boosted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 279.7% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 2,434 shares of the company’s stock worth $114,000 after buying an additional 1,793 shares during the period. Finally, Comerica Bank grew its stake in iShares Aaa – A Rated Corporate Bond ETF by 88.5% in the 4th quarter. Comerica Bank now owns 2,550 shares of the company’s stock valued at $119,000 after buying an additional 1,197 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.