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) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 427,529 shares, a growth of 51.0% from the August 31st total of 283,077 shares. Based on an average daily volume of 291,030 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.9% of the shares of the stock are sold short.

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

iShares 0-5 Year Investment Grade Corporate Bond ETF stock traded down $0.10 during trading hours on Thursday, reaching $49.38. 209,978 shares of the stock were exchanged, compared to its average volume of 250,130. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $49.23 and a twelve month high of $50.99. The stock has a 50 day moving average of $49.95 and a two-hundred day moving average of $50.19.

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

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be issued a dividend of $0.1891 per share. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.1864. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $2.27 dividend on an annualized basis and a dividend yield of 4.6%.

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

Large investors have recently made changes to their positions in the company. Colonial Trust Advisors raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.3% during the fourth 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 in the last quarter. Colonial Trust Co SC boosted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.4% in the 4th quarter. Colonial Trust Co SC now owns 179,355 shares of the company’s stock valued at $9,093,000 after purchasing an additional 4,183 shares in the last quarter. Turn8 Private Wealth Inc. boosted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 28.1% in the 1st quarter. Turn8 Private Wealth Inc. now owns 60,142 shares of the company’s stock valued at $3,037,000 after purchasing an additional 13,188 shares in the last quarter. Argent Advisors Inc. increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 9.8% in the 4th quarter. Argent Advisors Inc. now owns 41,992 shares of the company’s stock valued at $2,129,000 after purchasing an additional 3,741 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 25.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,185 shares of the company’s stock valued at $1,575,000 after purchasing an additional 6,295 shares during the last quarter.

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.