iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Sees Large Drop in Short Interest

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 137,283 shares, a decrease of 29.4% from the February 12th total of 194,471 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 187,472 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 187,472 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Down 0.0%

NASDAQ:SLQD traded down $0.02 during mid-day trading on Friday, hitting $50.38. 521,059 shares of the company’s stock were exchanged, compared to its average volume of 232,340. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.61 and a one year high of $50.99. The business has a fifty day moving average price of $50.77 and a 200 day moving average price of $50.76.

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

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1803 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, March 2nd. This is a positive change from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18.

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

Several hedge funds and other institutional investors have recently bought and sold shares of SLQD. Arkadios Wealth Advisors boosted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% in the fourth 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 period. Loomis Sayles & Co. L P increased its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 156.7% in the fourth quarter. Loomis Sayles & Co. L P now owns 172,000 shares of the company’s stock worth $8,720,000 after acquiring an additional 105,000 shares during the period. Colonial Trust Advisors lifted its holdings in iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.3% in the fourth quarter. Colonial Trust Advisors now owns 292,855 shares of the company’s stock valued at $14,848,000 after acquiring an additional 6,690 shares during the period. Colonial Trust Co SC boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.4% during the 4th quarter. Colonial Trust Co SC now owns 179,355 shares of the company’s stock worth $9,093,000 after acquiring an additional 4,183 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 11.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 24,890 shares of the company’s stock valued at $1,262,000 after buying an additional 2,569 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.