Petra Financial Advisors Inc. Buys 4,100 Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA)

Petra Financial Advisors Inc. lifted its stake in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 8.1% during the 1st quarter, HoldingsChannel reports. The fund owned 54,643 shares of the company’s stock after buying an additional 4,100 shares during the period. iShares Aaa – A Rated Corporate Bond ETF comprises approximately 2.1% of Petra Financial Advisors Inc.’s portfolio, making the stock its 10th biggest holding. Petra Financial Advisors Inc.’s holdings in iShares Aaa – A Rated Corporate Bond ETF were worth $2,597,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of QLTA. FMR LLC grew its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 146.2% in the fourth quarter. FMR LLC now owns 3,813,483 shares of the company’s stock worth $178,433,000 after acquiring an additional 2,264,590 shares during the last quarter. Madison Investment Advisors LLC acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter worth $33,609,000. Raymond James Financial Inc. bought a new position in iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter worth $21,067,000. LPL Financial LLC lifted its position in iShares Aaa – A Rated Corporate Bond ETF by 24.6% in the fourth quarter. LPL Financial LLC now owns 1,509,822 shares of the company’s stock worth $70,645,000 after purchasing an additional 298,116 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in iShares Aaa – A Rated Corporate Bond ETF by 27.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,319,689 shares of the company’s stock worth $61,748,000 after purchasing an additional 283,042 shares during the period.

iShares Aaa – A Rated Corporate Bond ETF Stock Up 0.1%

Shares of QLTA stock opened at $47.31 on Friday. iShares Aaa – A Rated Corporate Bond ETF has a one year low of $45.81 and a one year high of $49.53. The stock has a fifty day moving average price of $46.99 and a 200 day moving average price of $47.09.

About iShares Aaa – A Rated Corporate Bond ETF

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.