Sequoia Financial Advisors LLC Cuts Stake in iShares Aaa – A Rated Corporate Bond ETF $QLTA

Sequoia Financial Advisors LLC lowered its position in shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 41.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,231 shares of the company’s stock after selling 24,718 shares during the period. Sequoia Financial Advisors LLC owned about 0.10% of iShares Aaa – A Rated Corporate Bond ETF worth $1,694,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the third quarter valued at approximately $34,000. WealthShield Partners LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter valued at approximately $48,000. Bogart Wealth LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF during the fourth quarter valued at approximately $59,000. PNC Financial Services Group Inc. increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 610.8% during the third quarter. PNC Financial Services Group Inc. now owns 1,784 shares of the company’s stock valued at $86,000 after buying an additional 1,533 shares during the period. Finally, Geneos Wealth Management Inc. increased its holdings in iShares Aaa – A Rated Corporate Bond ETF by 1,946.3% during the third quarter. Geneos Wealth Management Inc. now owns 2,742 shares of the company’s stock valued at $133,000 after buying an additional 2,608 shares during the period.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

Shares of QLTA stock opened at $47.50 on Tuesday. The company’s 50 day moving average is $47.69 and its 200 day moving average is $48.10. iShares Aaa – A Rated Corporate Bond ETF has a 52-week low of $46.39 and a 52-week high of $49.02.

iShares Aaa – A Rated Corporate Bond ETF 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. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.