LRI Investments LLC Buys New Shares in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

LRI Investments LLC bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,960 shares of the company’s stock, valued at approximately $96,000.

Other institutional investors also recently modified their holdings of the company. Christopher J. Hasenberg Inc acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 1st quarter valued at $31,000. Vermillion & White Wealth Management Group LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $41,000. Private Trust Co. NA increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 87.8% during the 4th quarter. Private Trust Co. NA now owns 3,786 shares of the company’s stock valued at $186,000 after purchasing an additional 1,770 shares in the last quarter. BNP Paribas Financial Markets increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 4,049.8% during the 4th quarter. BNP Paribas Financial Markets now owns 9,918 shares of the company’s stock valued at $488,000 after purchasing an additional 9,679 shares in the last quarter. Finally, Strategic Advocates LLC increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 21.3% during the 4th quarter. Strategic Advocates LLC now owns 17,157 shares of the company’s stock valued at $844,000 after purchasing an additional 3,010 shares in the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of SLQD stock opened at $49.89 on Friday. The firm has a fifty day simple moving average of $49.33 and a two-hundred day simple moving average of $49.16. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $47.65 and a 12 month high of $49.90.

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

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.155 per share. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $1.86 dividend on an annualized basis and a yield of 3.73%.

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.