MAI Capital Management Buys 81,718 Shares of iShares Aaa – A Rated Corporate Bond ETF $QLTA

MAI Capital Management lifted its stake in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 8.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,013,918 shares of the company’s stock after acquiring an additional 81,718 shares during the quarter. MAI Capital Management owned 2.89% of iShares Aaa – A Rated Corporate Bond ETF worth $49,145,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AlphaCore Capital LLC bought a new stake in iShares Aaa – A Rated Corporate Bond ETF in the 2nd quarter worth approximately $28,000. Premier Financial Group purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF in the 3rd quarter worth $67,000. Elevation Point Wealth Partners LLC bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the second quarter worth $70,000. Y.D. More Investments Ltd grew its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 65.7% in the second quarter. Y.D. More Investments Ltd now owns 1,582 shares of the company’s stock worth $75,000 after acquiring an additional 627 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in iShares Aaa – A Rated Corporate Bond ETF by 610.8% during the third quarter. PNC Financial Services Group Inc. now owns 1,784 shares of the company’s stock valued at $86,000 after acquiring an additional 1,533 shares during the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

Shares of NYSEARCA:QLTA opened at $48.58 on Wednesday. The stock’s 50-day simple moving average is $48.24 and its two-hundred day simple moving average is $48.32. iShares Aaa – A Rated Corporate Bond ETF has a 52-week low of $45.81 and a 52-week high of $49.02.

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.