iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Hits New 12-Month Low – Here’s Why

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

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

The stock has a 50-day moving average of $46.64 and a 200-day moving average of $47.28.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Signature Equity Partners LLC increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 250.0% in the 1st quarter. Signature Equity Partners LLC now owns 553 shares of the company’s stock valued at $26,000 after buying an additional 395 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth approximately $34,000. Palladiem LLC acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter worth approximately $35,000. Steward Partners Investment Advisory LLC increased its stake in iShares Aaa – A Rated Corporate Bond ETF by 184.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,232 shares of the company’s stock valued at $59,000 after acquiring an additional 799 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter valued at approximately $97,000.

About iShares Aaa – A Rated Corporate Bond ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iShares Aaa - A Rated Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Aaa - A Rated Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.