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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw strong trading volume on Monday . 233,870 shares changed hands during mid-day trading, a decline of 9% from the previous session’s volume of 256,519 shares.The stock last traded at $50.39 and had previously closed at $50.40.

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

The business’s 50 day moving average is $50.47 and its 200 day moving average is $50.66.

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

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Loomis Sayles & Co. L P lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 156.7% in the 4th quarter. Loomis Sayles & Co. L P now owns 172,000 shares of the company’s stock worth $8,720,000 after acquiring an additional 105,000 shares in the last quarter. Crews Bank & Trust grew its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.6% during the 4th quarter. Crews Bank & Trust now owns 736,390 shares of the company’s stock valued at $37,335,000 after acquiring an additional 52,047 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 936,991 shares of the company’s stock valued at $47,617,000 after purchasing an additional 49,354 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 488,532 shares of the company’s stock valued at $24,769,000 after purchasing an additional 24,974 shares during the period. Finally, Colonial Trust Advisors lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.9% in the third quarter. Colonial Trust Advisors now owns 286,165 shares of the company’s stock worth $14,546,000 after purchasing an additional 15,938 shares in the last quarter.

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.