iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Short Interest Up 146.1% in March

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 25,100 shares, a growth of 146.1% from the February 29th total of 10,200 shares. Based on an average trading volume of 313,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares 0-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 140.4% in the 1st quarter. JPMorgan Chase & Co. now owns 73,902 shares of the company’s stock valued at $3,647,000 after acquiring an additional 43,156 shares during the period. Baird Financial Group Inc. raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 125.0% in the 1st quarter. Baird Financial Group Inc. now owns 107,138 shares of the company’s stock valued at $5,288,000 after acquiring an additional 59,522 shares during the period. Bank of New York Mellon Corp raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 8.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 8,371 shares of the company’s stock valued at $397,000 after acquiring an additional 678 shares during the period. Retirement Group LLC raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 418.8% in the 4th quarter. Retirement Group LLC now owns 5,940 shares of the company’s stock valued at $284,000 after acquiring an additional 4,795 shares during the period. Finally, Partners Capital Investment Group LLP raised its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 56.3% in the 1st quarter. Partners Capital Investment Group LLP now owns 239,321 shares of the company’s stock valued at $11,602,000 after acquiring an additional 86,186 shares during the period.

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

Shares of NASDAQ SLQD traded down $0.05 during mid-day trading on Thursday, reaching $49.22. 573,212 shares of the company’s stock were exchanged, compared to its average volume of 295,667. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $47.65 and a 52 week high of $49.41. The firm has a 50-day moving average price of $49.13 and a two-hundred day moving average price of $48.66.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were paid a dividend of $0.1461 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date was Friday, March 1st.

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.