iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) Short Interest Down 54.7% in June

iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 101,842 shares, a decline of 54.7% from the May 31st total of 224,587 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 155,906 shares, the short-interest ratio is currently 0.7 days.

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

NYSEARCA:QLTA traded down $0.24 on Tuesday, reaching $47.52. The company’s stock had a trading volume of 5,508,146 shares, compared to its average volume of 390,571. iShares Aaa – A Rated Corporate Bond ETF has a 1-year low of $46.78 and a 1-year high of $49.02. The business’s 50-day moving average price is $47.46 and its two-hundred day moving average price is $47.84.

Hedge Funds Weigh In On iShares Aaa – A Rated Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of QLTA. NewEdge Advisors LLC raised its holdings in iShares Aaa – A Rated Corporate Bond ETF by 111.5% during the 1st quarter. NewEdge Advisors LLC now owns 22,735 shares of the company’s stock worth $1,081,000 after buying an additional 11,984 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of iShares Aaa – A Rated Corporate Bond ETF in the 1st quarter valued at about $14,357,000. Guggenheim Capital LLC raised its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 122.8% in the 2nd 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 during the period. Ausdal Financial Partners Inc. lifted its holdings in shares of 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 holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 36.6% in 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 in the last quarter.

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.