iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Reaches New 52-Week Low – What’s Next?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $50.12 and last traded at $50.13, with a volume of 2736 shares traded. The stock had previously closed at $50.24.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1%

The firm has a 50 day moving average price of $50.29 and a two-hundred day moving average price of $50.52.

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 issued a $0.1839 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.4%.

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

Institutional investors have recently bought and sold shares of the business. NBT Bank N A NY increased its position in shares of 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 acquiring an additional 1,094 shares in the last quarter. Triumph Capital Management acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter valued at $67,000. Adalta Capital Management LLC purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth $396,000. Parallel Advisors LLC boosted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 114.6% during the 3rd quarter. Parallel Advisors LLC now owns 9,945 shares of the company’s stock worth $506,000 after purchasing an additional 5,310 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% during the 4th 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 period.

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.