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 large growth in short interest in April. As of April 30th, there was short interest totaling 110,199 shares, a growth of 106.6% from the April 15th total of 53,343 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 272,213 shares, the days-to-cover ratio is currently 0.4 days.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.4% during 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 last quarter. NBT Bank N A NY boosted its position in 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 worth $58,000 after purchasing an additional 1,094 shares during the last quarter. Turn8 Private Wealth Inc. grew its stake in 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 during the period. Janney Montgomery Scott LLC grew its stake in 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 period. Finally, Arkadios Wealth Advisors increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% during the 4th quarter. Arkadios Wealth Advisors now owns 18,571 shares of the company’s stock valued at $942,000 after purchasing an additional 3,362 shares during the last quarter.

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

SLQD stock traded up $0.01 during mid-day trading on Monday, reaching $50.24. 75,596 shares of the company traded hands, compared to its average volume of 254,941. The firm’s 50 day moving average price is $50.44 and its 200 day moving average price is $50.65. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.09 and a fifty-two 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 Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.186 per share. The ex-dividend date of this dividend was Friday, May 1st. This is a positive change 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 dividend yield of 4.4%.

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.