iShares Barclays 1-3 Year Credit Bond Fd (NASDAQ:CSJ) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 245,146 shares, a decrease of 62.2% from the November 15th total of 648,002 shares. Based on an average daily volume of 573,029 shares, the days-to-cover ratio is presently 0.4 days.

Hedge funds have recently made changes to their positions in the stock. New York Life Investment Management LLC bought a new position in iShares Barclays 1-3 Year Credit Bond Fd during the third quarter valued at about $3,481,000. Motco boosted its stake in iShares Barclays 1-3 Year Credit Bond Fd by 922.2% during the second quarter. Motco now owns 3,956 shares of the exchange traded fund’s stock valued at $417,000 after buying an additional 3,569 shares in the last quarter. Caprin Asset Management LLC ADV boosted its stake in iShares Barclays 1-3 Year Credit Bond Fd by 8,501.1% during the second quarter. Caprin Asset Management LLC ADV now owns 235,671 shares of the exchange traded fund’s stock valued at $12,000,000 after buying an additional 232,931 shares in the last quarter. Whittier Trust Co. boosted its stake in iShares Barclays 1-3 Year Credit Bond Fd by 12.2% during the third quarter. Whittier Trust Co. now owns 141,123 shares of the exchange traded fund’s stock valued at $14,867,000 after buying an additional 15,381 shares in the last quarter. Finally, Alpha Omega Wealth Management LLC boosted its stake in iShares Barclays 1-3 Year Credit Bond Fd by 1.6% during the third quarter. Alpha Omega Wealth Management LLC now owns 76,121 shares of the exchange traded fund’s stock valued at $8,019,000 after buying an additional 1,232 shares in the last quarter.

iShares Barclays 1-3 Year Credit Bond Fd (CSJ) opened at $104.65 on Tuesday. iShares Barclays 1-3 Year Credit Bond Fd has a 52 week low of $104.56 and a 52 week high of $105.61.

The company also recently announced a monthly dividend, which was paid on Thursday, December 7th. Investors of record on Monday, December 4th were paid a dividend of $0.152 per share. The ex-dividend date was Friday, December 1st. This represents a $1.82 annualized dividend and a yield of 1.74%. This is a boost from iShares Barclays 1-3 Year Credit Bond Fd’s previous monthly dividend of $0.15. iShares Barclays 1-3 Year Credit Bond Fd’s dividend payout ratio (DPR) is currently 196.55%.

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About iShares Barclays 1-3 Year Credit Bond Fd

iShares 1-3 Year Credit Bond ETF (the Fund), formerly iShares Barclays 1-3 Year Credit Bond Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund. The Fund seeks results, which correspond generally to the price and yield performance, before fee and expense, of investment grade credit sector of the United States bond market as defined by the Barclays Capital U.S.

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