Bank of America Corp DE raised its stake in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA – Free Report) by 7.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,225,146 shares of the company’s stock after buying an additional 87,175 shares during the period. Bank of America Corp DE owned approximately 0.06% of iShares Aaa – A Rated Corporate Bond ETF worth $57,325,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. FMR LLC boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 146.2% in the fourth quarter. FMR LLC now owns 3,813,483 shares of the company’s stock valued at $178,433,000 after buying an additional 2,264,590 shares in the last quarter. Annex Advisory Services LLC acquired a new stake in iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter valued at approximately $113,039,000. LPL Financial LLC boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 24.6% in the fourth quarter. LPL Financial LLC now owns 1,509,822 shares of the company’s stock valued at $70,645,000 after buying an additional 298,116 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 27.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,319,689 shares of the company’s stock valued at $61,748,000 after buying an additional 283,042 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in iShares Aaa – A Rated Corporate Bond ETF by 7.7% in the fourth quarter. HighTower Advisors LLC now owns 766,344 shares of the company’s stock valued at $35,857,000 after buying an additional 54,662 shares in the last quarter.
iShares Aaa – A Rated Corporate Bond ETF Stock Performance
Shares of iShares Aaa – A Rated Corporate Bond ETF stock opened at $46.83 on Wednesday. iShares Aaa – A Rated Corporate Bond ETF has a fifty-two week low of $45.81 and a fifty-two week high of $49.53. The company’s 50 day moving average price is $47.12 and its two-hundred day moving average price is $47.21.
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.
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Want to see what other hedge funds are holding QLTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA – Free Report).
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