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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) shares saw strong trading volume on Thursday . 906,907 shares traded hands during trading, an increase of 293% from the previous session’s volume of 230,696 shares.The stock last traded at $49.82 and had previously closed at $49.82.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.1 %

The firm has a 50-day moving average of $50.12 and a 200 day moving average of $49.67.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.1595 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a $1.91 annualized dividend and a yield of 3.85%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets boosted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% during the third quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock valued at $137,000 after purchasing an additional 1,006 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 380,695 shares of the company’s stock worth $19,198,000 after purchasing an additional 23,786 shares during the period. Rosenberg Matthew Hamilton increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 16.5% during the third quarter. Rosenberg Matthew Hamilton now owns 107,720 shares of the company’s stock worth $5,432,000 after purchasing an additional 15,238 shares during the period. Farmers & Merchants Investments Inc. increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.3% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,012,704 shares of the company’s stock worth $51,071,000 after purchasing an additional 12,605 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after acquiring an additional 2,337 shares during the period.

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.