Short Interest in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Decreases By 54.7%

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 101,842 shares, a drop of 54.7% from the May 31st total of 224,587 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 155,906 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Global Assets Advisory LLC boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 2.8% during the first quarter. Global Assets Advisory LLC now owns 12,520 shares of the company’s stock worth $596,000 after purchasing an additional 344 shares in the last quarter. Signature Equity Partners LLC raised its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 250.0% during the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock worth $26,000 after buying an additional 395 shares during the period. RKL Wealth Management LLC lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.1% during the 4th quarter. RKL Wealth Management LLC now owns 42,127 shares of the company’s stock valued at $2,026,000 after buying an additional 473 shares in the last quarter. Hanover Advisors Inc. lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.6% during the 1st quarter. Hanover Advisors Inc. now owns 31,317 shares of the company’s stock valued at $1,490,000 after buying an additional 480 shares in the last quarter. Finally, AMG National Trust Bank grew its stake in iShares Aaa – A Rated Corporate Bond ETF by 5.3% in the 1st quarter. AMG National Trust Bank now owns 9,850 shares of the company’s stock valued at $469,000 after acquiring an additional 500 shares during the period.

iShares Aaa – A Rated Corporate Bond ETF Stock Down 0.5%

QLTA traded down $0.26 on Wednesday, reaching $47.26. The stock had a trading volume of 1,025,929 shares, compared to its average volume of 395,695. iShares Aaa – A Rated Corporate Bond ETF has a 12-month low of $46.78 and a 12-month high of $49.02. The business’s 50-day moving average price is $47.46 and its two-hundred day moving average price is $47.84.

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. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.