Farmers & Merchants Investments Inc. Reduces Stock Position in iShares 0-5 Year Investment Grade Corporate Bond ETF $SLQD

Farmers & Merchants Investments Inc. cut its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 968,322 shares of the company’s stock after selling 19,684 shares during the period. iShares 0-5 Year Investment Grade Corporate Bond ETF makes up about 1.4% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 13th largest holding. Farmers & Merchants Investments Inc.’s holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF were worth $49,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in SLQD. Ameriprise Financial Inc. grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 3.7% in the second quarter. Ameriprise Financial Inc. now owns 887,637 shares of the company’s stock valued at $44,894,000 after purchasing an additional 31,437 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.1% in the third quarter. Arkadios Wealth Advisors now owns 15,209 shares of the company’s stock valued at $773,000 after purchasing an additional 312 shares in the last quarter. Valley Wealth Managers Inc. grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% in the third quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock valued at $82,000 after purchasing an additional 847 shares in the last quarter. Argent Advisors Inc. grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 8.5% in the third quarter. Argent Advisors Inc. now owns 38,251 shares of the company’s stock valued at $1,944,000 after purchasing an additional 3,011 shares in the last quarter. Finally, Colonial Trust Co SC grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.9% in the third quarter. Colonial Trust Co SC now owns 175,172 shares of the company’s stock valued at $8,904,000 after purchasing an additional 11,269 shares in the last quarter.

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

SLQD stock opened at $50.40 on Friday. The business has a 50 day simple moving average of $50.50 and a 200-day simple moving average of $50.67. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $50.03 and a 1 year high of $50.99.

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

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.186 dividend. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Friday, May 1st.

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.