iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Hits New 52-Week Low – Here’s What Happened

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTAGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $46.08 and last traded at $46.08, with a volume of 29029 shares. The stock had previously closed at $46.20.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

The company has a 50 day simple moving average of $46.59 and a 200-day simple moving average of $47.25.

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

A number of institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 acquiring an additional 30,288 shares during the period. Glen Eagle Advisors LLC grew its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 20.0% in the first quarter. Glen Eagle Advisors LLC now owns 78,907 shares of the company’s stock worth $3,755,000 after purchasing an additional 13,152 shares during the last quarter. Catalyst Investment Management LLC bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter worth about $4,503,000. Diversify Wealth Management LLC increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 252.2% during the 1st quarter. Diversify Wealth Management LLC now owns 200,117 shares of the company’s stock valued at $9,504,000 after purchasing an additional 143,304 shares during the period. Finally, SHUTTLEWORTH & Co raised its position in iShares Aaa – A Rated Corporate Bond ETF by 24.7% during the 1st quarter. SHUTTLEWORTH & Co now owns 54,745 shares of the company’s stock valued at $2,605,000 after purchasing an additional 10,846 shares during the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Company Profile

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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.

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