iShares Aaa – A Rated Corporate Bond ETF $QLTA is Cornerstone Advisors Asset Management LLC’s 9th Largest Position

Cornerstone Advisors Asset Management LLC cut its position in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 10.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 399,425 shares of the company’s stock after selling 48,366 shares during the quarter. iShares Aaa – A Rated Corporate Bond ETF makes up 2.9% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding. Cornerstone Advisors Asset Management LLC owned about 1.25% of iShares Aaa – A Rated Corporate Bond ETF worth $19,009,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Composition Wealth LLC increased its position in iShares Aaa – A Rated Corporate Bond ETF by 1.4% during the fourth quarter. Composition Wealth LLC now owns 2,031,746 shares of the company’s stock worth $97,707,000 after buying an additional 28,077 shares during the period. HighTower Advisors LLC grew its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 4.9% during the fourth quarter. HighTower Advisors LLC now owns 1,064,474 shares of the company’s stock worth $51,191,000 after acquiring an additional 49,975 shares during the last quarter. State of New Jersey Common Pension Fund D grew its position in shares of 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 worth $36,068,000 after acquiring an additional 500,000 shares during the last quarter. UBS Group AG grew its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 52.5% during the third quarter. UBS Group AG now owns 534,904 shares of the company’s stock worth $25,927,000 after acquiring an additional 184,233 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Aaa – A Rated Corporate Bond ETF by 4.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 430,016 shares of the company’s stock valued at $20,843,000 after acquiring an additional 17,586 shares during the period.

iShares Aaa – A Rated Corporate Bond ETF Stock Performance

QLTA stock opened at $46.98 on Monday. The company has a fifty day moving average price of $47.31 and a 200 day moving average price of $47.73. iShares Aaa – A Rated Corporate Bond ETF has a 12 month low of $46.73 and a 12 month 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.