Fonville Wealth Management LLC Invests $2.37 Million in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA)

Fonville Wealth Management LLC bought a new position in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) during the fourth quarter, Holdings Channel.com reports. The firm bought 49,182 shares of the company’s stock, valued at approximately $2,367,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF in the third quarter valued at approximately $43,000. Tennessee Valley Asset Management Partners purchased a new position in iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter valued at approximately $49,000. Captrust Financial Advisors lifted its stake in iShares Aaa – A Rated Corporate Bond ETF by 33.3% in the second quarter. Captrust Financial Advisors now owns 3,133 shares of the company’s stock valued at $151,000 after purchasing an additional 783 shares during the last quarter. FinTrust Capital Advisors LLC lifted its stake in iShares Aaa – A Rated Corporate Bond ETF by 896.5% in the fourth quarter. FinTrust Capital Advisors LLC now owns 3,139 shares of the company’s stock valued at $145,000 after purchasing an additional 2,824 shares during the last quarter. Finally, ORG Partners LLC purchased a new position in iShares Aaa – A Rated Corporate Bond ETF in the fourth quarter valued at approximately $204,000.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

iShares Aaa – A Rated Corporate Bond ETF stock traded down $0.10 during trading on Thursday, hitting $46.06. The stock had a trading volume of 112,537 shares, compared to its average volume of 151,578. iShares Aaa – A Rated Corporate Bond ETF has a 1 year low of $43.80 and a 1 year high of $48.38. The stock’s 50 day moving average is $47.05 and its two-hundred day moving average is $46.64.

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.