iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sets New 1-Year Low – Time to Sell?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $49.40 and last traded at $49.43, with a volume of 355264 shares changing hands. The stock had previously closed at $49.54.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.0%

The firm has a fifty day moving average price of $49.95 and a 200 day moving average price of $50.19.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.1864 dividend. This represents a $2.24 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.1832.

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

Several large investors have recently made changes to their positions in the business. Colonial Trust Advisors raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.3% in the fourth quarter. Colonial Trust Advisors now owns 292,855 shares of the company’s stock valued at $14,848,000 after buying an additional 6,690 shares during the last quarter. Colonial Trust Co SC grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.4% during the 4th quarter. Colonial Trust Co SC now owns 179,355 shares of the company’s stock worth $9,093,000 after acquiring an additional 4,183 shares during the last quarter. Turn8 Private Wealth Inc. grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 28.1% during the 1st quarter. Turn8 Private Wealth Inc. now owns 60,142 shares of the company’s stock worth $3,037,000 after acquiring an additional 13,188 shares during the last quarter. Argent Advisors Inc. increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 9.8% in the 4th quarter. Argent Advisors Inc. now owns 41,992 shares of the company’s stock valued at $2,129,000 after acquiring an additional 3,741 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 25.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,185 shares of the company’s stock valued at $1,575,000 after acquiring an additional 6,295 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.