iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Shares Shorted: Short Interest Down 71.6% in September

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 121,240 shares, a decrease of 71.6% from the September 15th total of 427,529 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 374,665 shares, the short-interest ratio is presently 0.3 days.

iShares 0-5 Year Investment Grade Corporate Bond ETF Stock Up 0.1%

SLQD traded up $0.04 during trading hours on Monday, reaching $49.50. The company’s stock had a trading volume of 50,690 shares, compared to its average volume of 247,442. The company’s 50-day moving average is $49.85 and its 200-day moving average is $50.15. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $49.23 and a 52 week 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 Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.1891 per share. The ex-dividend date was Thursday, October 1st. This represents a $2.27 dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.1864.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Turn8 Private Wealth Inc. lifted its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 28.1% during the 1st quarter. Turn8 Private Wealth Inc. now owns 60,142 shares of the company’s stock worth $3,037,000 after purchasing an additional 13,188 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 25.3% during the first quarter. Janney Montgomery Scott LLC now owns 31,185 shares of the company’s stock worth $1,575,000 after buying an additional 6,295 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 19.7% in the first quarter. Arkadios Wealth Advisors now owns 22,236 shares of the company’s stock valued at $1,123,000 after acquiring an additional 3,665 shares during the period. Parallel Advisors LLC boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% in the first quarter. Parallel Advisors LLC now owns 11,377 shares of the company’s stock valued at $574,000 after acquiring an additional 1,432 shares during the period. Finally, NBT Bank N A NY boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2,145.1% in the first quarter. NBT Bank N A NY now owns 1,145 shares of the company’s stock valued at $58,000 after acquiring an additional 1,094 shares during the period.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.