iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Unusually-High Trading Volume – Time to Buy?

Shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw unusually-strong trading volume on Friday . Approximately 219,476 shares changed hands during mid-day trading, an increase of 38% from the previous session’s volume of 158,859 shares.The stock last traded at $48.62 and had previously closed at $48.85.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

The firm has a 50-day simple moving average of $48.66 and a 200 day simple moving average of $47.51.

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

Several large investors have recently bought and sold shares of QLTA. Woodmont Investment Counsel LLC bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the first quarter worth about $43,000. ORG Partners LLC bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the second quarter worth about $80,000. International Assets Investment Management LLC bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the second quarter worth about $92,000. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 17.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,417 shares of the company’s stock worth $160,000 after acquiring an additional 512 shares during the last quarter. Finally, Claro Advisors LLC bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF during the second quarter worth about $234,000.

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.