iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sets New 12-Month Low – Time to Sell?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQDGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $50.02 and last traded at $50.04, with a volume of 5150 shares traded. The stock had previously closed at $50.09.

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

The company has a 50-day simple moving average of $50.25 and a 200-day simple moving average of $50.49.

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

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.1839 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Wednesday, July 1st.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Several hedge funds have recently bought and sold shares of SLQD. NBT Bank N A NY increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% in the first quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock worth $58,000 after purchasing an additional 1,094 shares during the period. Triumph Capital Management purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at $67,000. Adalta Capital Management LLC purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at $396,000. Parallel Advisors LLC grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% in the first quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock worth $574,000 after purchasing an additional 1,432 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% in the fourth quarter. Arkadios Wealth Advisors now owns 18,571 shares of the company’s stock worth $942,000 after purchasing an additional 3,362 shares during the last quarter.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

(Get Free Report)

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.

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