iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Large Volume Increase – Here’s What Happened

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) shares saw unusually-high trading volume on Friday . Approximately 513,569 shares were traded during trading, an increase of 158% from the previous session’s volume of 198,718 shares.The stock last traded at $49.85 and had previously closed at $49.84.

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

The business has a 50-day moving average price of $49.81 and a 200 day moving average price of $49.88.

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

The business also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1654 per share. The ex-dividend date of this dividend 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.

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

A number of institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $140,000. JPMorgan Chase & Co. raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 203.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 139,749 shares of the company’s stock valued at $7,048,000 after acquiring an additional 93,666 shares during the period. BNP Paribas Financial Markets increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock worth $137,000 after buying an additional 1,006 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 380,695 shares of the company’s stock worth $19,198,000 after purchasing an additional 23,786 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 16.5% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 107,720 shares of the company’s stock worth $5,432,000 after acquiring an additional 15,238 shares in the last quarter.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.