iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Announces Dividend Increase – $0.19 Per Share

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) declared a dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be given a dividend of 0.1864 per share on Friday, September 4th. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 1.7% increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Down 0.5%

SLQD traded down $0.26 during trading on Tuesday, reaching $49.87. The stock had a trading volume of 524,130 shares, compared to its average volume of 241,276. The business has a 50-day moving average of $50.17 and a 200-day moving average of $50.36. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.86 and a one year high of $50.99.

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

Several institutional investors have recently modified their holdings of SLQD. Ameriprise Financial Inc. raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 936,991 shares of the company’s stock valued at $47,617,000 after buying an additional 49,354 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 488,532 shares of the company’s stock worth $24,769,000 after buying an additional 24,974 shares during the last quarter. Colonial Trust Advisors boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.3% in the fourth quarter. Colonial Trust Advisors now owns 292,855 shares of the company’s stock worth $14,848,000 after buying an additional 6,690 shares in the last quarter. Colonial Trust Co SC boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.4% in the fourth quarter. Colonial Trust Co SC now owns 179,355 shares of the company’s stock worth $9,093,000 after buying an additional 4,183 shares in the last quarter. Finally, Loomis Sayles & Co. L P grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 156.7% during the fourth quarter. Loomis Sayles & Co. L P now owns 172,000 shares of the company’s stock valued at $8,720,000 after acquiring an additional 105,000 shares during 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.