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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) shares saw unusually-high trading volume on Friday . Approximately 513,569 shares traded hands during trading, an increase of 158% from the previous session’s volume of 198,718 shares.The stock last traded at $49.85 and had previously closed at $49.84.

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

The stock has a 50 day moving average price of $49.81 and a 200 day moving average price of $49.89.

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

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1654 dividend. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 203.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 139,749 shares of the company’s stock valued at $7,048,000 after buying an additional 93,666 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock valued at $642,000 after buying an additional 2,337 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.3% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,012,704 shares of the company’s stock valued at $51,071,000 after buying an additional 12,605 shares during the last quarter. Greenup Street Wealth Management LLC lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 10.0% during the 3rd quarter. Greenup Street Wealth Management LLC now owns 334,335 shares of the company’s stock valued at $16,861,000 after buying an additional 30,379 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted 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 valued at $137,000 after buying an additional 1,006 shares during the last quarter.

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.