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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw unusually-strong trading volume on Tuesday . Approximately 422,326 shares were traded during mid-day trading, an increase of 74% from the previous session’s volume of 242,616 shares.The stock last traded at $49.85 and had previously closed at $49.86.

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

The company has a 50-day moving average of $49.82 and a two-hundred day moving average of $49.95.

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

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.164 per share. The ex-dividend date was Monday, February 3rd.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 203.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 139,749 shares of the company’s stock worth $7,048,000 after purchasing an additional 93,666 shares during the period. Arkadios Wealth Advisors boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% during the third quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after acquiring an additional 2,337 shares during the last quarter. Farmers & Merchants Investments Inc. grew its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.3% during the third quarter. Farmers & Merchants Investments Inc. now owns 1,012,704 shares of the company’s stock valued at $51,071,000 after acquiring an additional 12,605 shares in the last quarter. Greenup Street Wealth Management LLC increased its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 10.0% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 334,335 shares of the company’s stock valued at $16,861,000 after acquiring an additional 30,379 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock worth $137,000 after purchasing an additional 1,006 shares in 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.