iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Unusually-High Trading Volume – Here’s Why

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) saw strong trading volume on Friday . 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 Stock Down 0.6 %

The firm’s 50 day moving average is $48.64 and its 200 day moving average is $47.50.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Woodmont Investment Counsel LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the 1st quarter valued at $43,000. ORG Partners LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the 2nd quarter valued at $80,000. International Assets Investment Management LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the 2nd quarter valued at $92,000. Northwestern Mutual Wealth Management Co. increased its position in iShares Aaa – A Rated Corporate Bond ETF by 17.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,417 shares of the company’s stock valued at $160,000 after purchasing an additional 512 shares during the period. Finally, Claro Advisors LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the 2nd quarter valued at $234,000.

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.