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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) shares saw an uptick in trading volume on Monday . 318,760 shares were traded during mid-day trading, an increase of 97% from the previous session’s volume of 161,605 shares.The stock last traded at $49.75 and had previously closed at $49.73.

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

The stock’s 50-day moving average is $49.84 and its 200-day moving average is $49.86.

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

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at $124,000. BNP Paribas Financial Markets raised its position 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 worth $137,000 after purchasing an additional 1,006 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the third quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after purchasing an additional 2,337 shares during the period. Waterloo Capital L.P. boosted its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 340.9% during the second quarter. Waterloo Capital L.P. now owns 91,738 shares of the company’s stock valued at $4,518,000 after purchasing an additional 70,931 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 16.5% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 107,720 shares of the company’s stock valued at $5,432,000 after purchasing an additional 15,238 shares during the period.

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.