OLD Mission Capital LLC Acquires Shares of 25,321 iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

OLD Mission Capital LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 25,321 shares of the company’s stock, valued at approximately $1,259,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. BNP Paribas Financial Markets raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% in the third quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock valued at $137,000 after acquiring an additional 1,006 shares in the last quarter. Strategic Advocates LLC raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 18.0% in the 4th quarter. Strategic Advocates LLC now owns 18,087 shares of the company’s stock valued at $900,000 after purchasing an additional 2,760 shares in the last quarter. AdvisorNet Financial Inc bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $140,000. Avior Wealth Management LLC bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth about $209,000. Finally, Janney Montgomery Scott LLC grew its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 106.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,722 shares of the company’s stock worth $832,000 after purchasing an additional 8,609 shares in the last quarter.

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

Shares of NASDAQ SLQD opened at $50.14 on Thursday. The stock’s 50 day moving average price is $50.03 and its two-hundred day moving average price is $49.97. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $48.70 and a 52-week high of $50.46.

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

The company also recently declared a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be given a dividend of $0.1705 per share. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.16. This represents a $2.05 annualized dividend and a dividend yield of 4.08%. The ex-dividend date of this dividend is Tuesday, April 1st.

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.