Waterloo Capital sold 119,651 shares of SLQD valued at $6.05 million, reducing its stake to 221,451 shares worth $11.26 million. SLQD now represents 0.84% of the fund’s AUM and is not in the top five holdings.

The iShares 0-5 Year Investment Grade Corporate Bond ETF offers exposure to short-term, investment-grade U.S. corporate bonds for stability and income. Waterloo’s sale of SLQD shares is routine portfolio rebalancing, maintaining a $11.26 million position. SLQD has a 4.08% dividend yield and trades at $50.64 per share.

Investors can consider SLQD for low-risk income with its 0.06% expense ratio and approximately 4% yield. Waterloo’s trading activity is normal, and SLQD remains a practical buy-and-hold option for conservative investors seeking stability and income. Focus on your investment goals rather than reacting to institutional trading.

Read more at NASDAQ: Waterloo Capital Trims Bond ETF Stake