iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Unusually-High Trading Volume – Should You Buy?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw strong trading volume on Monday . 480,419 shares were traded during mid-day trading, an increase of 123% from the previous session’s volume of 215,326 shares.The stock last traded at $50.05 and had previously closed at $50.02.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.0 %

The business’s fifty 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 Increases Dividend

The business also recently announced 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.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. boosted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 23.0% during the 4th quarter. Sunbelt Securities Inc. now owns 3,354 shares of the company’s stock valued at $167,000 after purchasing an additional 627 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of 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 buying an additional 1,006 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $70,000. Strategic Advocates LLC boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 18.0% during the fourth quarter. Strategic Advocates LLC now owns 18,087 shares of the company’s stock valued at $900,000 after buying an additional 2,760 shares during the last quarter. Finally, AdvisorNet Financial Inc purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $140,000.

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.