iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Down 33.1% in August

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 283,077 shares, a decline of 33.1% from the August 15th total of 423,001 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 277,891 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SLQD. Creative Financial Designs Inc. ADV lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 488,532 shares of the company’s stock worth $24,769,000 after purchasing an additional 24,974 shares during the period. Colonial Trust Advisors boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.3% in the 4th quarter. Colonial Trust Advisors now owns 292,855 shares of the company’s stock valued at $14,848,000 after purchasing an additional 6,690 shares during the last quarter. Colonial Trust Co SC increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.4% during the fourth quarter. Colonial Trust Co SC now owns 179,355 shares of the company’s stock worth $9,093,000 after buying an additional 4,183 shares during the period. Turn8 Private Wealth Inc. increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 28.1% during the first quarter. Turn8 Private Wealth Inc. now owns 60,142 shares of the company’s stock worth $3,037,000 after buying an additional 13,188 shares during the period. Finally, Argent Advisors Inc. raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 9.8% during the fourth quarter. Argent Advisors Inc. now owns 41,992 shares of the company’s stock worth $2,129,000 after buying an additional 3,741 shares during the last quarter.

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

NASDAQ SLQD opened at $49.74 on Friday. The business’s 50-day moving average price is $50.05 and its two-hundred day moving average price is $50.26. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $49.65 and a 12 month high of $50.99.

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

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.1864 dividend. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 4.5%.

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.