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 drop in short interest in the month of January. As of January 31st, there was short interest totalling 8,100 shares, a drop of 50.0% from the January 15th total of 16,200 shares. Based on an average daily volume of 250,500 shares, the days-to-cover ratio is presently 0.0 days.

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

Several large investors have recently made changes to their positions in the stock. Farmers & Merchants Investments Inc. lifted its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 3.6% in the 4th quarter. Farmers & Merchants Investments Inc. now owns 1,049,110 shares of the company’s stock valued at $52,183,000 after acquiring an additional 36,406 shares in the last quarter. Greenup Street Wealth Management LLC raised its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 88.9% in the 4th quarter. Greenup Street Wealth Management LLC now owns 631,455 shares of the company’s stock valued at $31,409,000 after purchasing an additional 297,120 shares during the period. Crews Bank & Trust bought a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the fourth quarter valued at about $31,381,000. Creative Financial Designs Inc. ADV boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.6% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 409,438 shares of the company’s stock worth $20,365,000 after buying an additional 28,743 shares during the period. Finally, Colonial Trust Advisors grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 4.4% during the fourth quarter. Colonial Trust Advisors now owns 231,712 shares of the company’s stock worth $11,525,000 after buying an additional 9,679 shares in the last quarter.

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

Shares of NASDAQ:SLQD traded up $0.08 during trading on Thursday, hitting $49.86. 299,040 shares of the company’s stock traded hands, compared to its average volume of 245,248. The company has a 50-day moving average price of $49.82 and a 200-day moving average price of $49.95. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $48.70 and a 52 week high of $50.46.

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

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.164 dividend. The ex-dividend date was Monday, February 3rd.

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.