iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Stock Price Down 0.2%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD – Get Rating) fell 0.2% on Wednesday . The stock traded as low as $48.23 and last traded at $48.23. 269,339 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 432,103 shares. The stock had previously closed at $48.33.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0 %

The company has a 50-day moving average price of $48.46 and a two-hundred day moving average price of $48.25.

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

The business also recently announced a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were given a $0.117 dividend. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, May 1st. This represents a $1.40 annualized dividend and a dividend yield of 2.92%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SLQD. Archer Investment Corp acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth $44,000. Atlas Capital Advisors LLC purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the first quarter worth about $48,000. Sunbelt Securities Inc. purchased a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the first quarter worth about $143,000. Virtue Capital Management LLC increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.9% during the third quarter. Virtue Capital Management LLC now owns 4,512 shares of the company’s stock worth $214,000 after acquiring an additional 253 shares during the last quarter. Finally, Headinvest LLC increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 9.0% during the third quarter. Headinvest LLC now owns 4,859 shares of the company’s stock worth $230,000 after acquiring an additional 400 shares during the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company Profile

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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.