BNP Paribas Financial Markets Buys 1,006 Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD)

BNP Paribas Financial Markets lifted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 58.7% in the third quarter, HoldingsChannel reports. The fund owned 2,721 shares of the company’s stock after acquiring an additional 1,006 shares during the period. BNP Paribas Financial Markets’ holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF were worth $137,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sierra Capital LLC increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 11.2% in the 2nd quarter. Sierra Capital LLC now owns 116,771 shares of the company’s stock worth $5,751,000 after buying an additional 11,735 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $512,000. Atlas Capital Advisors LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the second quarter valued at about $57,000. TIAA Trust National Association grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.2% in the second quarter. TIAA Trust National Association now owns 504,976 shares of the company’s stock valued at $24,870,000 after purchasing an additional 10,871 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF in the second quarter worth $124,000.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.7 %

SLQD opened at $49.58 on Thursday. The stock has a 50-day moving average of $49.93 and a 200 day moving average of $49.82. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $48.70 and a 12 month high of $50.46.

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

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

iShares 0-5 Year Investment Grade Corporate Bond ETF 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.