iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sets New 52-Week High – Here’s What Happened

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $50.94 and last traded at $50.9350, with a volume of 91663 shares traded. The stock had previously closed at $50.91.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.0%

The stock’s fifty day simple moving average is $50.77 and its two-hundred day simple moving average is $50.75.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.1783 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SLQD. Triumph Capital Management bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at about $67,000. Valley Wealth Managers Inc. raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% during the third quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock worth $82,000 after acquiring an additional 847 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 742.9% in the third quarter. Sound Income Strategies LLC now owns 2,495 shares of the company’s stock worth $126,000 after acquiring an additional 2,199 shares during the period. L.M. Kohn & Company acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the second quarter worth approximately $289,000. Finally, Adalta Capital Management LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at approximately $396,000.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.