Beacon Financial Group Reduces Holdings in iShares Aaa – A Rated Corporate Bond ETF $QLTA

Beacon Financial Group trimmed its stake in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,078 shares of the company’s stock after selling 1,936 shares during the period. Beacon Financial Group’s holdings in iShares Aaa – A Rated Corporate Bond ETF were worth $1,726,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 217.4% in the 1st quarter. Golden State Wealth Management LLC now owns 984 shares of the company’s stock worth $47,000 after purchasing an additional 674 shares during the period. Comerica Bank lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 88.5% in the 4th quarter. Comerica Bank now owns 2,550 shares of the company’s stock worth $119,000 after purchasing an additional 1,197 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 26.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,016 shares of the company’s stock worth $515,000 after purchasing an additional 2,299 shares during the period. Cornerstone Advisors Asset Management LLC lifted its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 0.4% in the 1st quarter. Cornerstone Advisors Asset Management LLC now owns 131,845 shares of the company’s stock worth $6,267,000 after purchasing an additional 512 shares during the period. Finally, Signet Financial Management LLC purchased a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the 1st quarter worth about $1,099,000.

iShares Aaa – A Rated Corporate Bond ETF Trading Up 0.2%

Shares of iShares Aaa – A Rated Corporate Bond ETF stock opened at $48.77 on Tuesday. The company has a 50-day moving average of $47.83 and a 200 day moving average of $47.39. iShares Aaa – A Rated Corporate Bond ETF has a 1 year low of $45.81 and a 1 year high of $49.53.

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.