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 recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 233,500 shares, a decline of 32.7% from the October 15th total of 346,900 shares. Based on an average trading volume of 247,300 shares, the short-interest ratio is currently 0.9 days.

iShares 0-5 Year Investment Grade Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ:SLQD traded up $0.04 during trading on Friday, reaching $49.80. The company had a trading volume of 115,409 shares, compared to its average volume of 234,437. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $48.32 and a fifty-two week high of $50.46. The stock’s fifty day moving average price is $50.10 and its 200 day moving average price is $49.67.

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

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1595 dividend. This is a boost from iShares 0-5 Year Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a $1.91 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend was Friday, November 1st.

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

Several hedge funds have recently made changes to their positions in the company. Atlas Capital Advisors LLC acquired a new stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter valued at approximately $57,000. LRI Investments LLC acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the first quarter worth approximately $96,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth about $124,000. BNP Paribas Financial Markets lifted its holdings in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 58.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,721 shares of the company’s stock valued at $137,000 after acquiring an additional 1,006 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter worth approximately $512,000.

About iShares 0-5 Year Investment Grade Corporate Bond ETF

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.