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

The iShares 0-5 Year Investment Grade Corporate Bond ETF, trading under the NASDAQ ticker SLQD, has announced a forthcoming dividend distribution. The declaration occurred on Wednesday, December 13th, detailed in reports from NASDAQ. On Wednesday, December 20th, shareholders registered by Friday, December 15th will receive a dividend payment of $0.1367 per share. It's important for investors to note that the ex-dividend date is set for Thursday, December 14th, which is the cutoff for being eligible for the dividend payout.

Market Performance of SLQD

Beginning the day at $48.96, the ETF's price reflects a subtle dip of 0.1% from prior levels. The recent trading price takes into account the last 50 and 200 days' simple moving averages, standing at $48.23 and $48.16, respectively. SLQD's yearly performance shows a lowest point at $47.58 and a peak at $49.05.

Investment Actions by Hedge Funds

Records indicate a variety of recent investments and adjustments made by hedge funds in SLQD. Atlas Capital Advisors LLC augmented its position by 45% in the second quarter, now holding 1,450 shares valued at around $70,000. Ameriprise Financial Inc. increased its holding by 17.6% in the first quarter, equating to 1,723,807 shares worth approximately $83.587 million. Sunbelt Securities Inc., during the same period, established a new stake worth $143,000. Partners Capital Investment Group LLP raised its investment by 56.3%, now with 239,321 shares valued at $11.602 million. Retirement Group LLC showcased a significant 418.8% rise in their investment during the fourth quarter, holding 5,940 shares with a value of $284,000.

Understanding SLQD

The iShares 0-5 Year Investment Grade Corporate Bond ETF is designed for investors seeking exposure to short-term investment-grade fixed income markets. The ETF follows an index primarily composed of U.S. dollar-denominated, investment-grade corporate bonds with maturation times ranging from 0 to 5 years. SLQD was launched on October 15, 2013, and is managed by BlackRock.

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iShares, SLQD, Dividend