iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Unusually-High Trading Volume – What’s Next?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) shares saw strong trading volume on Monday . 480,419 shares traded 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 Stock Performance

The company has a 50-day moving average of $49.94 and a 200-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 given a dividend of $0.1673 per share. 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 Monday, March 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Farmers & Merchants Investments Inc. raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 3.6% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 1,049,110 shares of the company’s stock worth $52,183,000 after purchasing an additional 36,406 shares during the last quarter. Greenup Street Wealth Management LLC raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 88.9% in the 4th quarter. Greenup Street Wealth Management LLC now owns 631,455 shares of the company’s stock valued at $31,409,000 after acquiring an additional 297,120 shares during the last quarter. Crews Bank & Trust acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at $31,381,000. Creative Financial Designs Inc. ADV raised 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 valued at $20,365,000 after acquiring an additional 28,743 shares during the last quarter. Finally, Bramshill Investments LLC raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 11.3% in the 4th quarter. Bramshill Investments LLC now owns 359,967 shares of the company’s stock valued at $17,905,000 after acquiring an additional 36,416 shares during the last quarter.

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.