iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQDGet Free Report) saw unusually-high trading volume on Tuesday . 888,930 shares traded hands during trading, an increase of 263% from the previous session’s volume of 244,638 shares.The stock last traded at $49.6850 and had previously closed at $49.70.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.3%

The business has a 50-day moving average price of $50.01 and a 200-day moving average price of $50.23.

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

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.1864 dividend. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Investors Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SLQD. Highland Investment Advisors LLC purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $25,000. NBT Bank N A NY increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during 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 in the last quarter. Parallel Advisors LLC raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% during the first quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock valued at $574,000 after acquiring an additional 1,432 shares during the last quarter. Arkadios Wealth Advisors raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 19.7% in the 1st quarter. Arkadios Wealth Advisors now owns 22,236 shares of the company’s stock valued at $1,123,000 after purchasing an additional 3,665 shares during the last quarter. Finally, Cary Street Partners Financial LLC lifted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.5% in the fourth quarter. Cary Street Partners Financial LLC now owns 26,867 shares of the company’s stock worth $1,362,000 after buying an additional 389 shares in the last quarter.

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

(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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