Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Decreases By 44.4%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 153,200 shares, a decrease of 44.4% from the November 30th total of 275,500 shares. Based on an average daily volume of 261,300 shares, the days-to-cover ratio is currently 0.6 days.

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

Institutional investors have recently modified their holdings of the company. Farmers & Merchants Investments Inc. grew its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 1.3% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 1,012,704 shares of the company’s stock valued at $51,071,000 after purchasing an additional 12,605 shares during the period. TIAA Trust National Association grew its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.2% during the second quarter. TIAA Trust National Association now owns 504,976 shares of the company’s stock valued at $24,870,000 after buying an additional 10,871 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 6.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 380,695 shares of the company’s stock worth $19,198,000 after acquiring an additional 23,786 shares in the last quarter. Greenup Street Wealth Management LLC raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 10.0% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 334,335 shares of the company’s stock worth $16,861,000 after acquiring an additional 30,379 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 203.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 139,749 shares of the company’s stock worth $7,048,000 after acquiring an additional 93,666 shares during the last quarter.

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

iShares 0-5 Year Investment Grade Corporate Bond ETF stock remained flat at $49.67 during midday trading on Friday. The company had a trading volume of 168,857 shares, compared to its average volume of 231,201. The business has a 50 day moving average price of $49.86 and a two-hundred day moving average price of $49.84. iShares 0-5 Year Investment Grade Corporate Bond ETF has a twelve month low of $48.70 and a twelve month high of $50.46.

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

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1654 per share. This is an increase from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

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.