Greenup Street Wealth Management LLC Buys 297,120 Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

Greenup Street Wealth Management LLC boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 88.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 631,455 shares of the company’s stock after purchasing an additional 297,120 shares during the quarter. iShares 0-5 Year Investment Grade Corporate Bond ETF makes up approximately 6.2% of Greenup Street Wealth Management LLC’s holdings, making the stock its 4th largest position. Greenup Street Wealth Management LLC owned approximately 1.45% of iShares 0-5 Year Investment Grade Corporate Bond ETF worth $31,409,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% in the third 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 during the last quarter. AdvisorNet Financial Inc bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at about $140,000. Avior Wealth Management LLC acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $209,000. Arkadios Wealth Advisors grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after purchasing an additional 2,337 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 106.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,722 shares of the company’s stock valued at $832,000 after purchasing an additional 8,609 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

Shares of NASDAQ SLQD opened at $49.99 on Tuesday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12-month low of $48.70 and a 12-month high of $50.46. The stock has a 50 day simple moving average of $49.81 and a 200-day simple moving average of $49.92.

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

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1654 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16.

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.