iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Raises Dividend to $0.19 Per Share

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) declared a dividend on Thursday, April 30th, NASDAQ Dividends reports. Stockholders of record on Friday, May 1st will be paid a dividend of 0.186 per share on Wednesday, May 6th. The ex-dividend date of this dividend is Friday, May 1st. This is a 1.5% increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

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

Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded down $0.17 during trading on Friday, hitting $50.34. 54,016 shares of the stock traded hands, compared to its average volume of 256,937. The firm’s fifty day moving average is $50.54 and its 200-day moving average is $50.68. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.03 and a 52 week high of $50.99.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. NBT Bank N A NY grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during the 1st 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 during the last quarter. Triumph Capital Management bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $67,000. Valley Wealth Managers Inc. grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% during the 3rd quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock worth $82,000 after acquiring an additional 847 shares during the last quarter. Adalta Capital Management LLC bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $396,000. Finally, Parallel Advisors LLC grew 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 acquiring an additional 5,310 shares during the last quarter.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.