Argent Advisors Inc. Has $1.60 Million Position in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

Argent Advisors Inc. cut its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 12.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,223 shares of the company’s stock after selling 4,425 shares during the period. Argent Advisors Inc. owned approximately 0.07% of iShares 0-5 Year Investment Grade Corporate Bond ETF worth $1,603,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its position 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 worth $137,000 after acquiring an additional 1,006 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $140,000. Avior Wealth Management LLC acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $209,000. Janney Montgomery Scott LLC boosted its position 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 worth $832,000 after acquiring an additional 8,609 shares in the last quarter. Finally, Strategic Advocates LLC boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 18.0% during the 4th quarter. Strategic Advocates LLC now owns 18,087 shares of the company’s stock worth $900,000 after acquiring an additional 2,760 shares in the last quarter.

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

NASDAQ SLQD opened at $50.02 on Tuesday. The firm’s 50 day simple moving average is $49.93 and its 200 day simple moving average is $49.97. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $48.70 and a 1 year high of $50.46.

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

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1673 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 of this dividend was Monday, March 3rd.

iShares 0-5 Year Investment Grade Corporate Bond ETF 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.