iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Down 33.1% in August

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQDGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 283,077 shares, a decrease of 33.1% from the August 15th total of 423,001 shares. Based on an average daily trading volume, of 277,891 shares, the short-interest ratio is presently 1.0 days. Approximately 0.6% of the shares of the company are short sold.

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

SLQD stock traded up $0.07 during trading on Thursday, hitting $49.73. The company had a trading volume of 67,514 shares, compared to its average volume of 241,372. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $49.65 and a fifty-two week high of $50.99. The business has a 50 day moving average of $50.06 and a 200 day moving average of $50.27.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.1864 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SLQD. Creative Financial Designs Inc. ADV raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 488,532 shares of the company’s stock worth $24,769,000 after acquiring an additional 24,974 shares in the last quarter. Colonial Trust Advisors boosted its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 2.3% during the 4th 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 position 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 valued at $9,093,000 after purchasing an additional 4,183 shares in the last quarter. Turn8 Private Wealth Inc. grew its stake 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 worth $3,037,000 after purchasing an additional 13,188 shares during the last quarter. Finally, Argent Advisors Inc. grew 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 worth $2,129,000 after purchasing an additional 3,741 shares during the last quarter.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

(Get Free Report)

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.

Further Reading

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