iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Update

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 423,001 shares, an increase of 944.1% from the July 30th total of 40,515 shares. Based on an average daily volume of 212,664 shares, the short-interest ratio is presently 2.0 days. Approximately 0.9% of the company’s shares are sold short.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2%

SLQD traded up $0.09 during midday trading on Tuesday, reaching $50.24. 152,019 shares of the company’s stock traded hands, compared to its average volume of 239,054. The firm has a fifty day moving average of $50.18 and a two-hundred day moving average of $50.38. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.00 and a 52 week high of $50.99.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.1869 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. 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 of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SLQD. Cary Street Partners Financial LLC lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.5% in the fourth quarter. Cary Street Partners Financial LLC now owns 26,867 shares of the company’s stock worth $1,362,000 after acquiring an additional 389 shares during the period. Highland Investment Advisors LLC purchased a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $25,000. NBT Bank N A NY increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% during the 1st quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock valued at $58,000 after purchasing an additional 1,094 shares during the period. Triumph Capital Management bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth $67,000. Finally, Parallel Advisors LLC raised its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% in the 1st quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock worth $574,000 after purchasing an additional 1,432 shares in the last quarter.

iShares 0-5 Year Investment Grade Corporate Bond ETF Company 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.