iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Volume Increase – Here’s Why

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-high trading volume on Wednesday . Approximately 759,897 shares traded hands during mid-day trading, an increase of 311% from the previous session’s volume of 184,861 shares.The stock last traded at $47.30 and had previously closed at $47.71.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

The firm has a 50 day simple moving average of $48.56 and a 200-day simple moving average of $47.70.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

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