iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Hits New 12-Month High – Here’s What Happened

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $50.94 and last traded at $50.9350, with a volume of 91663 shares traded. The stock had previously closed at $50.91.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1%

The firm has a fifty day moving average of $50.76 and a two-hundred day moving average of $50.75.

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

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

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Institutional investors have recently bought and sold shares of the business. L.M. Kohn & Company bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the second quarter worth approximately $289,000. Arkadios Wealth Advisors raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 14,897 shares of the company’s stock worth $754,000 after acquiring an additional 2,840 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.6% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 442,768 shares of the company’s stock worth $22,400,000 after purchasing an additional 19,383 shares during the last quarter. Turn8 Private Wealth Inc. boosted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.7% during the second quarter. Turn8 Private Wealth Inc. now owns 49,526 shares of the company’s stock valued at $2,506,000 after purchasing an additional 3,550 shares in the last quarter. Finally, Sierra Capital LLC grew its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.5% in the second quarter. Sierra Capital LLC now owns 142,078 shares of the company’s stock valued at $7,188,000 after purchasing an additional 8,720 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.