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 unusually-strong trading volume on Monday . Approximately 480,419 shares changed hands during trading, an increase of 123% from the previous session’s volume of 215,326 shares.The stock last traded at $50.05 and had previously closed at $50.02.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.0 %

The company has a 50-day moving average of $49.93 and a two-hundred day moving average of $49.97.

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

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1673 per share. The ex-dividend date was Monday, March 3rd. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SLQD. Atlas Capital Advisors Inc. bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $70,000. BNP Paribas Financial Markets lifted its stake 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 valued at $137,000 after buying an additional 1,006 shares in the last quarter. AdvisorNet Financial Inc bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $140,000. Sunbelt Securities Inc. increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.0% in the 4th quarter. Sunbelt Securities Inc. now owns 3,354 shares of the company’s stock worth $167,000 after buying an additional 627 shares in the last quarter. Finally, Avior Wealth Management LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at about $209,000.

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.