Creative Financial Designs Inc. ADV Buys 13,947 Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

Creative Financial Designs Inc. ADV raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 3.4% during the first quarter, HoldingsChannel reports. The firm owned 423,385 shares of the company’s stock after buying an additional 13,947 shares during the quarter. iShares 0-5 Year Investment Grade Corporate Bond ETF comprises 1.7% of Creative Financial Designs Inc. ADV’s holdings, making the stock its 11th largest position. Creative Financial Designs Inc. ADV’s holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF were worth $21,288,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Summit Financial LLC raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.1% in the fourth quarter. Summit Financial LLC now owns 147,227 shares of the company’s stock valued at $7,323,000 after acquiring an additional 9,733 shares during the period. OLD Mission Capital LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $1,259,000. Atlas Capital Advisors Inc. bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $70,000. Waterloo Capital L.P. raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 15.2% in the 4th quarter. Waterloo Capital L.P. now owns 200,634 shares of the company’s stock worth $9,980,000 after purchasing an additional 26,542 shares during the period. Finally, Colonial Trust Advisors lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.4% in the fourth quarter. Colonial Trust Advisors now owns 231,712 shares of the company’s stock worth $11,525,000 after purchasing an additional 9,679 shares during the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ:SLQD opened at $50.47 on Thursday. The business has a 50 day simple moving average of $50.21 and a two-hundred day simple moving average of $50.03. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $49.05 and a 1 year high of $50.49.

iShares 0-5 Year Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.1738 per share. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.17. This represents a $2.09 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date was Monday, June 2nd.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, USD-denominated corporate bonds with 0-5 years remaining to maturity. SLQD was launched on Oct 15, 2013 and is managed by BlackRock.