Farmers & Merchants Investments Inc. Cuts Stock Holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF $SLQD

Farmers & Merchants Investments Inc. reduced its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 968,322 shares of the company’s stock after selling 19,684 shares during the period. iShares 0-5 Year Investment Grade Corporate Bond ETF accounts for about 1.4% of Farmers & Merchants Investments Inc.’s portfolio, making the stock its 13th largest holding. Farmers & Merchants Investments Inc. owned 2.08% of iShares 0-5 Year Investment Grade Corporate Bond ETF worth $49,094,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SLQD. Triumph Capital Management purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $67,000. Valley Wealth Managers Inc. increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 109.9% during the 3rd quarter. Valley Wealth Managers Inc. now owns 1,618 shares of the company’s stock worth $82,000 after buying an additional 847 shares in the last quarter. Adalta Capital Management LLC purchased a new stake in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $396,000. Parallel Advisors LLC increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 114.6% during the 3rd quarter. Parallel Advisors LLC now owns 9,945 shares of the company’s stock worth $506,000 after buying an additional 5,310 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 15,209 shares of the company’s stock worth $773,000 after buying an additional 312 shares in the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1%

NASDAQ:SLQD opened at $50.40 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.03 and a 12 month high of $50.99. The stock has a 50 day moving average of $50.50 and a two-hundred day moving average of $50.67.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.186 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, May 1st.

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.