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) shares saw an uptick in trading volume on Thursday . 543,363 shares changed 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 Price Performance

The stock’s 50 day moving average price is $47.23 and its 200 day moving average price is $47.64.

Institutional Investors Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 712.5% in the fourth quarter. Harbour Investments Inc. now owns 975 shares of the company’s stock worth $46,000 after purchasing an additional 855 shares during the period. SWAN Capital LLC acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the 3rd quarter valued at about $50,000. PSI Advisors LLC increased its position in iShares Aaa – A Rated Corporate Bond ETF by 744.1% in the 4th quarter. PSI Advisors LLC now owns 1,705 shares of the company’s stock valued at $80,000 after buying an additional 1,503 shares in the last quarter. Global Retirement Partners LLC raised its stake in 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 period. Finally, Guardian Wealth Advisors LLC NC raised its stake in 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.

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.