Northwestern Mutual Wealth Management Co. Buys 30,288 Shares of iShares Aaa – A Rated Corporate Bond ETF $QLTA

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Aaa – A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 62.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,804 shares of the company’s stock after buying an additional 30,288 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.22% of iShares Aaa – A Rated Corporate Bond ETF worth $3,790,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in QLTA. Envestnet Asset Management Inc. increased its position in shares of iShares Aaa – A Rated Corporate Bond ETF by 28.0% in the third quarter. Envestnet Asset Management Inc. now owns 2,881,586 shares of the company’s stock worth $139,670,000 after purchasing an additional 630,177 shares during the period. State of New Jersey Common Pension Fund D raised its stake in iShares Aaa – A Rated Corporate Bond ETF by 200.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 750,000 shares of the company’s stock valued at $36,068,000 after purchasing an additional 500,000 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in iShares Aaa – A Rated Corporate Bond ETF during the first quarter worth about $14,357,000. Diversify Advisory Services LLC bought a new stake in iShares Aaa – A Rated Corporate Bond ETF during the third quarter worth about $10,965,000. Finally, UBS Group AG grew its stake in 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 buying an additional 184,233 shares in the last quarter.

iShares Aaa – A Rated Corporate Bond ETF Price Performance

QLTA stock opened at $47.43 on Friday. iShares Aaa – A Rated Corporate Bond ETF has a 12 month low of $46.78 and a 12 month high of $49.02. The company’s 50-day moving average price is $47.52 and its two-hundred day moving average price is $47.95.

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. QLTA was launched on Feb 14, 2012 and is managed by BlackRock.