iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Reaches New 12-Month Low – Should You Sell?

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $49.65 and last traded at $49.6550, with a volume of 189495 shares traded. The stock had previously closed at $49.67.

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

The company has a fifty day moving average of $50.07 and a two-hundred day moving average of $50.28.

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

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.1864 dividend. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in SLQD. Highland Investment Advisors LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at $25,000. NBT Bank N A NY lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% in the 1st quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock worth $58,000 after buying an additional 1,094 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% in the 1st quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock worth $574,000 after buying an additional 1,432 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 19.7% in the 1st quarter. Arkadios Wealth Advisors now owns 22,236 shares of the company’s stock valued at $1,123,000 after buying an additional 3,665 shares during the period. Finally, Cary Street Partners Financial LLC boosted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 26,867 shares of the company’s stock valued at $1,362,000 after buying an additional 389 shares during the period.

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.