iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Large Volume Increase – Should You Buy?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw strong trading volume on Monday . 318,760 shares traded hands during trading, an increase of 97% from the previous session’s volume of 161,605 shares.The stock last traded at $49.75 and had previously closed at $49.73.

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

The company has a fifty day moving average price of $49.83 and a 200-day moving average price of $49.87.

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

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.1654 dividend. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

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

Several institutional investors have recently bought and sold shares of SLQD. Arkadios Wealth Advisors grew its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock valued at $642,000 after buying an additional 2,337 shares during the last quarter. Farmers & Merchants Investments Inc. grew its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.3% in the third quarter. Farmers & Merchants Investments Inc. now owns 1,012,704 shares of the company’s stock valued at $51,071,000 after purchasing an additional 12,605 shares during the last quarter. Greenup Street Wealth Management LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 10.0% in the third quarter. Greenup Street Wealth Management LLC now owns 334,335 shares of the company’s stock worth $16,861,000 after purchasing an additional 30,379 shares during the period. BNP Paribas Financial Markets lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock worth $137,000 after purchasing an additional 1,006 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $124,000.

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.