iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Reaches New 1-Year Low – Here’s What Happened

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) hit a new 52-week low during trading on Friday . The company traded as low as $46.46 and last traded at $46.46, with a volume of 2369 shares trading hands. The stock had previously closed at $46.60.

iShares Aaa – A Rated Corporate Bond ETF Trading Down 0.2%

The firm has a 50-day simple moving average of $47.20 and a two-hundred day simple moving average of $47.64.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of QLTA. Diversify Wealth Management LLC purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF in the 4th quarter valued at about $2,741,000. Heck Capital Advisors LLC increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 9.1% in the fourth quarter. Heck Capital Advisors LLC now owns 140,079 shares of the company’s stock worth $6,736,000 after acquiring an additional 11,713 shares in the last quarter. Climber Capital SA acquired a new stake in iShares Aaa – A Rated Corporate Bond ETF in the 4th quarter valued at $5,617,000. Northwestern Mutual Wealth Management Co. raised its position in iShares Aaa – A Rated Corporate Bond ETF by 62.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 78,804 shares of the company’s stock valued at $3,790,000 after purchasing an additional 30,288 shares during the period. Finally, Fonville Wealth Management LLC lifted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 6.8% during the fourth quarter. Fonville Wealth Management LLC now owns 198,117 shares of the company’s stock worth $9,527,000 after purchasing an additional 12,630 shares in 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. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.