iShares 0-5 Year Investment Grade Corporate Bond ETF $SLQD Stock: Farmers & Merchants Investments Inc. Boosts Position

Farmers & Merchants Investments Inc. lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 3.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,015,991 shares of the company’s stock after buying an additional 33,641 shares during the quarter. iShares 0-5 Year Investment Grade Corporate Bond ETF makes up approximately 1.2% of Farmers & Merchants Investments Inc.’s portfolio, making the stock its 21st biggest holding. Farmers & Merchants Investments Inc.’s holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF were worth $50,266,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Highland Investment Advisors LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at approximately $25,000. CoreCap Advisors LLC bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the third quarter worth about $45,000. NBT Bank N A NY grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during the 1st quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock worth $58,000 after acquiring an additional 1,094 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% during the 1st quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock worth $574,000 after acquiring an additional 1,432 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 19.7% during the 1st quarter. Arkadios Wealth Advisors now owns 22,236 shares of the company’s stock worth $1,123,000 after acquiring an additional 3,665 shares during the period.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.1%

NASDAQ:SLQD opened at $49.65 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.23 and a 12 month high of $50.99. The stock has a 50 day moving average of $49.74 and a two-hundred day moving average of $50.09.

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

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.1891 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.1864. This represents a $2.27 dividend on an annualized basis and a dividend yield of 4.6%.

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.