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

Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw unusually-high trading volume on Friday . Approximately 513,569 shares traded hands 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 Trading Down 0.0 %

The stock has a 50-day moving average price of $49.81 and a 200-day moving average price of $49.89.

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

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1654 per share. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16.

Institutional Trading of iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of large investors have recently modified their holdings of SLQD. BNP Paribas Financial Markets raised its holdings in shares of 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 valued at $137,000 after buying an additional 1,006 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock valued at $642,000 after buying an additional 2,337 shares in the last quarter. AdvisorNet Financial Inc purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $140,000. Avior Wealth Management LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at about $209,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 106.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 16,722 shares of the company’s stock valued at $832,000 after buying an additional 8,609 shares in 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.