iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Volume Increase – Still a Buy?

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-high trading volume on Wednesday . Approximately 170,390 shares traded 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 Up 0.2 %

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

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the stock. Annex Advisory Services LLC bought a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the 4th quarter valued at about $113,039,000. Miracle Mile Advisors LLC boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 0.9% in the fourth quarter. Miracle Mile Advisors LLC now owns 1,621,534 shares of the company’s stock valued at $75,872,000 after acquiring an additional 13,868 shares in the last quarter. FMR LLC grew its holdings in iShares Aaa – A Rated Corporate Bond ETF by 166,986.6% in the third quarter. FMR LLC now owns 1,548,893 shares of the company’s stock worth $76,128,000 after purchasing an additional 1,547,966 shares during the last quarter. Eastern Bank increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 1.3% during the third quarter. Eastern Bank now owns 818,424 shares of the company’s stock worth $40,226,000 after purchasing an additional 10,231 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 711,682 shares of the company’s stock valued at $34,974,000 after purchasing an additional 59,955 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.