iShares Aaa - A Rated Corporate Bond ETF

Envestnet Asset Management Inc. Sells 2,191,258 Shares of iShares Aaa – A Rated Corporate Bond ETF $QLTA

Envestnet Asset Management Inc. trimmed its holdings in shares of iShares Aaa - A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 96.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,709 shares of the company's stock

Sequoia Financial Advisors LLC Sells 14,035 Shares of iShares Aaa – A Rated Corporate Bond ETF $QLTA

Assetmark Inc. Cuts Stake in iShares Aaa – A Rated Corporate Bond ETF $QLTA

Park Avenue Securities LLC Reduces Stake in iShares Aaa – A Rated Corporate Bond ETF $QLTA

Park Avenue Securities LLC reduced its holdings in iShares Aaa - A Rated Corporate Bond ETF (NYSEARCA:QLTA) by 30.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 100,890 shares of the company's stock after selling 44,581 shares during the quarter.

Detalus Advisors LLC Boosts Stock Position in iShares Aaa – A Rated Corporate Bond ETF $QLTA

iShares Aaa – A Rated Corporate Bond ETF $QLTA Shares Sold by Bailard Inc.

What's Going On With Treasury Rates?

We think the Fed has time to assess the impact of tariffs, and we expect it to wait to cut rates until the data show that tariffs are impacting the real economy. So far, there are no signs of recession in the hard data. The tariff pause offers the possibility to avoid worst-case economic scenarios before the damage is crystalized. We believe technical factors will continue to drive market dislocations in spreads and sectors, and that active managers can navigate this more effectively.

The Credit Opportunity In M&A

M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.