Short Interest in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Decreases By 53.1%

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 38,021 shares, a decrease of 53.1% from the June 30th total of 81,042 shares. Based on an average daily volume of 403,002 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of iShares Aaa – A Rated Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. State of New Jersey Common Pension Fund D raised its position in iShares Aaa – A Rated Corporate Bond ETF by 200.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 750,000 shares of the company’s stock valued at $36,068,000 after purchasing an additional 500,000 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of iShares Aaa – A Rated Corporate Bond ETF in the 1st quarter worth approximately $14,357,000. UBS Group AG increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 52.5% during the 3rd quarter. UBS Group AG now owns 534,904 shares of the company’s stock valued at $25,927,000 after purchasing an additional 184,233 shares during the last quarter. Diversify Wealth Management LLC increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 252.2% during the 1st quarter. Diversify Wealth Management LLC now owns 200,117 shares of the company’s stock valued at $9,504,000 after purchasing an additional 143,304 shares during the last quarter. Finally, Climber Capital SA purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF during the 4th quarter valued at $5,617,000.

iShares Aaa – A Rated Corporate Bond ETF Trading Down 0.5%

QLTA traded down $0.22 during trading on Wednesday, reaching $46.51. 117,801 shares of the company traded hands, compared to its average volume of 377,905. iShares Aaa – A Rated Corporate Bond ETF has a 12-month low of $46.46 and a 12-month high of $49.02. The firm has a fifty day simple moving average of $47.21 and a 200 day simple moving average of $47.65.

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. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.