Novem Group Makes New $219,000 Investment in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

Novem Group bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,401 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Colonial Trust Advisors raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.4% in the fourth quarter. Colonial Trust Advisors now owns 231,712 shares of the company’s stock worth $11,525,000 after purchasing an additional 9,679 shares in the last quarter. Sierra Capital LLC increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 44.1% during the fourth quarter. Sierra Capital LLC now owns 134,622 shares of the company’s stock valued at $6,696,000 after acquiring an additional 41,186 shares in the last quarter. Waterloo Capital L.P. increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 15.2% during the fourth quarter. Waterloo Capital L.P. now owns 200,634 shares of the company’s stock valued at $9,980,000 after acquiring an additional 26,542 shares in the last quarter. Summit Financial LLC increased its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.1% during the fourth quarter. Summit Financial LLC now owns 147,227 shares of the company’s stock valued at $7,323,000 after acquiring an additional 9,733 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 409,438 shares of the company’s stock worth $20,365,000 after buying an additional 28,743 shares in the last quarter.

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

Shares of NASDAQ:SLQD opened at $50.22 on Friday. The stock’s 50-day simple moving average is $50.12 and its two-hundred day simple moving average is $49.97. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $48.99 and a 52-week high of $50.46.

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

The business also recently disclosed a dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.1725 per share. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.17. The ex-dividend date was Thursday, 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.