iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Sees Large Drop in Short Interest

by · The Cerbat Gem

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA – Get Free Report) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 10,325 shares, a drop of 35.7% from the November 30th total of 16,053 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 173,083 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 173,083 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

iShares Aaa – A Rated Corporate Bond ETF Trading Up 0.1%

NYSEARCA:QLTA traded up $0.05 during midday trading on Monday, reaching $48.28. 177,863 shares of the stock traded hands, compared to its average volume of 255,428. The company has a fifty day moving average of $48.38 and a 200 day moving average of $48.10. iShares Aaa – A Rated Corporate Bond ETF has a 12 month low of $45.81 and a 12 month high of $49.02.

Institutional Investors Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Several large investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 28.0% during the third quarter. Envestnet Asset Management Inc. now owns 2,881,586 shares of the company’s stock valued at $139,670,000 after purchasing an additional 630,177 shares during the last quarter. Miracle Mile Advisors LLC lifted its stake in iShares Aaa – A Rated Corporate Bond ETF by 12.5% in the third quarter. Miracle Mile Advisors LLC now owns 2,003,669 shares of the company’s stock valued at $97,118,000 after buying an additional 221,916 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 12.5% in the 3rd quarter. HighTower Advisors LLC now owns 1,014,499 shares of the company’s stock valued at $49,173,000 after buying an additional 112,451 shares during the last quarter. MAI Capital Management increased its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 8.8% during the third quarter. MAI Capital Management now owns 1,013,918 shares of the company’s stock worth $49,145,000 after purchasing an additional 81,718 shares during the period. Finally, Vestmark Advisory Solutions Inc. lifted its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 73.7% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 702,586 shares of the company’s stock worth $33,612,000 after acquiring an additional 298,166 shares during the period.

iShares Aaa – A Rated Corporate Bond ETF Company Profile

(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.

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