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 significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 167,487 shares, an increase of 35.0% from the December 15th total of 124,100 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 218,828 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 218,828 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the shares of the company are sold short.

iShares 0-5 Year Investment Grade Corporate Bond ETF Price Performance

SLQD stock opened at $50.74 on Friday. The business’s 50-day moving average is $50.72 and its two-hundred day moving average is $50.68. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.61 and a fifty-two week high of $50.94.

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

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.1838 dividend. 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 was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.3%.

Institutional Investors Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the business. Waterloo Capital L.P. increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 44.1% in the 2nd quarter. Waterloo Capital L.P. now owns 341,102 shares of the company’s stock worth $17,256,000 after purchasing an additional 104,429 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 37.1% during the second quarter. JPMorgan Chase & Co. now owns 244,298 shares of the company’s stock valued at $12,359,000 after purchasing an additional 66,094 shares during the period. Ameriprise Financial Inc. increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.6% in the third quarter. Ameriprise Financial Inc. now owns 936,991 shares of the company’s stock worth $47,617,000 after buying an additional 49,354 shares in the last quarter. Crews Bank & Trust raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.1% in the third quarter. Crews Bank & Trust now owns 684,343 shares of the company’s stock worth $34,785,000 after buying an additional 33,172 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 463,558 shares of the company’s stock valued at $23,563,000 after buying an additional 20,790 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.