Madison Investment Advisors LLC Buys Shares of 718,296 iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA)

Madison Investment Advisors LLC purchased a new stake in iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 718,296 shares of the company’s stock, valued at approximately $33,609,000.

A number of other institutional investors also recently modified their holdings of the company. Stifel Financial Corp raised its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 21.4% in the 3rd quarter. Stifel Financial Corp now owns 21,985 shares of the company’s stock valued at $1,080,000 after buying an additional 3,878 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Aaa – A Rated Corporate Bond ETF by 95.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 217,798 shares of the company’s stock valued at $10,705,000 after purchasing an additional 106,456 shares during the last quarter. HighTower Advisors LLC boosted its stake in iShares Aaa – A Rated Corporate Bond ETF by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 711,682 shares of the company’s stock worth $34,974,000 after acquiring an additional 59,955 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in iShares Aaa – A Rated Corporate Bond ETF by 8.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 122,929 shares of the company’s stock worth $6,042,000 after buying an additional 10,036 shares during the period. Finally, Invst LLC acquired a new stake in iShares Aaa – A Rated Corporate Bond ETF during the 3rd quarter worth approximately $859,000.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

NYSEARCA:QLTA opened at $47.14 on Thursday. iShares Aaa – A Rated Corporate Bond ETF has a 1-year low of $45.81 and a 1-year high of $49.53. The firm has a fifty day simple moving average of $47.05 and a 200 day simple moving average of $47.73.

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.