iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Volume Increase – Here’s Why

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw an uptick in trading volume on Wednesday . 170,390 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 167,269 shares.The stock last traded at $46.96 and had previously closed at $46.97.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

The company’s 50 day moving average price is $47.18 and its two-hundred day moving average price is $47.87.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Annex Advisory Services LLC bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter worth $113,039,000. FMR LLC boosted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 166,986.6% during the 3rd quarter. FMR LLC now owns 1,548,893 shares of the company’s stock valued at $76,128,000 after purchasing an additional 1,547,966 shares during the last quarter. Assetmark Inc. purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the third quarter valued at about $12,012,000. Milestone Asset Management LLC bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter worth about $7,157,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 95.6% in the third quarter. JPMorgan Chase & Co. now owns 217,798 shares of the company’s stock worth $10,705,000 after purchasing an additional 106,456 shares during the last quarter.

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.