Farmers & Merchants Investments Inc. Sells 20,089 Shares of iShares 0-5 Year Investment Grade Corporate Bond ETF $SLQD

Farmers & Merchants Investments Inc. decreased its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) by 2.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 988,006 shares of the company’s stock after selling 20,089 shares during the period. iShares 0-5 Year Investment Grade Corporate Bond ETF makes up about 1.4% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 14th biggest holding. Farmers & Merchants Investments Inc. owned approximately 2.14% of iShares 0-5 Year Investment Grade Corporate Bond ETF worth $50,220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SLQD. Waterloo Capital L.P. grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 44.1% in the second quarter. Waterloo Capital L.P. now owns 341,102 shares of the company’s stock worth $17,256,000 after purchasing an additional 104,429 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 37.1% in the second quarter. JPMorgan Chase & Co. now owns 244,298 shares of the company’s stock worth $12,359,000 after buying an additional 66,094 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 3.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 887,637 shares of the company’s stock worth $44,894,000 after acquiring an additional 31,437 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.6% in the second quarter. Creative Financial Designs Inc. ADV now owns 442,768 shares of the company’s stock worth $22,400,000 after purchasing an additional 19,383 shares in the last quarter. Finally, Crews Bank & Trust increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.2% in the 2nd quarter. Crews Bank & Trust now owns 651,171 shares of the company’s stock worth $32,943,000 after acquiring an additional 14,198 shares in the last quarter.

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

SLQD stock opened at $50.73 on Tuesday. The firm has a 50 day moving average price of $50.74 and a 200-day moving average price of $50.65. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52-week low of $49.59 and a 52-week high of $50.94.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.1838 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18.

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.