Pacific Wealth Management Trims Stake in iShares Aaa – A Rated Corporate Bond ETF $QLTA

Pacific Wealth Management reduced its holdings in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 97.0% during the first quarter, Holdings Channel.com reports. The fund owned 9,497 shares of the company’s stock after selling 305,584 shares during the quarter. iShares Aaa – A Rated Corporate Bond ETF accounts for 0.2% of Pacific Wealth Management’s investment portfolio, making the stock its 11th largest holding. Pacific Wealth Management’s holdings in iShares Aaa – A Rated Corporate Bond ETF were worth $452,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. NewEdge Advisors LLC grew its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 111.5% during the first quarter. NewEdge Advisors LLC now owns 22,735 shares of the company’s stock worth $1,081,000 after purchasing an additional 11,984 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of iShares Aaa – A Rated Corporate Bond ETF in the first quarter worth approximately $14,357,000. Guggenheim Capital LLC raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 122.8% in the second quarter. Guggenheim Capital LLC now owns 17,058 shares of the company’s stock valued at $816,000 after purchasing an additional 9,403 shares in the last quarter. Ausdal Financial Partners Inc. raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 4.2% in the second quarter. Ausdal Financial Partners Inc. now owns 18,099 shares of the company’s stock valued at $866,000 after purchasing an additional 732 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares Aaa – A Rated Corporate Bond ETF by 36.6% during the second quarter. Ameriprise Financial Inc. now owns 412,430 shares of the company’s stock valued at $19,726,000 after purchasing an additional 110,606 shares during the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

QLTA stock opened at $46.98 on Thursday. iShares Aaa – A Rated Corporate Bond ETF has a one year low of $46.73 and a one year high of $49.02. The firm has a 50 day simple moving average of $47.33 and a two-hundred day simple moving average of $47.75.

iShares Aaa – A Rated Corporate Bond ETF Company 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.