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

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 80,200 shares, a drop of 21.4% from the July 31st total of 102,100 shares. Based on an average trading volume of 264,800 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 264,800 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

Large investors have recently modified their holdings of the stock. Waterloo Capital L.P. increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 44.1% during the second quarter. Waterloo Capital L.P. now owns 341,102 shares of the company’s stock worth $17,256,000 after acquiring an additional 104,429 shares during the period. JPMorgan Chase & Co. increased its position 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 worth $12,359,000 after acquiring 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 6.0% during the first quarter. Ameriprise Financial Inc. now owns 856,200 shares of the company’s stock worth $43,127,000 after acquiring an additional 48,416 shares during the period. Partners Capital Investment Group LLP increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 14.1% during the first quarter. Partners Capital Investment Group LLP now owns 224,837 shares of the company’s stock worth $11,305,000 after acquiring an additional 27,702 shares during the period. Finally, Colonial Trust Advisors increased its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 10.7% during the first quarter. Colonial Trust Advisors now owns 256,394 shares of the company’s stock worth $12,891,000 after acquiring an additional 24,682 shares during the period.

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

Shares of SLQD stock opened at $50.76 on Wednesday. The company has a fifty day moving average price of $50.54 and a two-hundred day moving average price of $50.30. iShares 0-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.53 and a one year high of $50.83.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a $0.1796 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.