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 an uptick in trading volume on Tuesday . 422,326 shares changed hands during 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 Stock Performance

The firm has a 50 day simple moving average of $49.82 and a 200 day simple moving average of $49.95.

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

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

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

Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its stake in 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 purchasing an additional 1,006 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $140,000. Avior Wealth Management LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 4th quarter worth $209,000. Arkadios Wealth Advisors boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 12,738 shares of the company’s stock worth $642,000 after buying an additional 2,337 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 106.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 16,722 shares of the company’s stock worth $832,000 after buying an additional 8,609 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.