Waterloo Capital L.P. Trims Stake in iShares 0-5 Year Investment Grade Corporate Bond ETF $SLQD

Waterloo Capital L.P. lowered its position in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 35.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 221,451 shares of the company’s stock after selling 119,651 shares during the period. iShares 0-5 Year Investment Grade Corporate Bond ETF makes up approximately 0.8% of Waterloo Capital L.P.’s investment portfolio, making the stock its 27th biggest holding. Waterloo Capital L.P. owned approximately 0.48% of iShares 0-5 Year Investment Grade Corporate Bond ETF worth $11,256,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Valley Wealth Managers Inc. lifted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% during the 3rd quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock worth $82,000 after acquiring an additional 847 shares during the last quarter. Sound Income Strategies LLC increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 742.9% in the third quarter. Sound Income Strategies LLC now owns 2,495 shares of the company’s stock worth $126,000 after purchasing an additional 2,199 shares during the period. L.M. Kohn & Company bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the second quarter worth $289,000. Private Trust Co. NA boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 100.2% during the second quarter. Private Trust Co. NA now owns 8,787 shares of the company’s stock valued at $445,000 after purchasing an additional 4,397 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.6% during the second quarter. Arkadios Wealth Advisors now owns 14,897 shares of the company’s stock valued at $754,000 after purchasing an additional 2,840 shares during the period.

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

SLQD stock opened at $50.78 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.61 and a 12 month high of $50.94. The firm’s 50-day moving average is $50.73 and its 200 day moving average is $50.72.

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

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1783 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

iShares 0-5 Year Investment Grade Corporate Bond ETF 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.