Short Interest in iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) Expands By 21.3%

iShares 0-5 Year Investment Grade Corporate Bond ETF (NASDAQ:SLQD) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 84,900 shares, a growth of 21.3% from the March 31st total of 70,000 shares. Based on an average trading volume of 237,400 shares, the short-interest ratio is currently 0.4 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 stock. Private Trust Co. NA lifted its stake in iShares 0-5 Year Investment Grade Corporate Bond ETF by 406.5% in the 3rd quarter. Private Trust Co. NA now owns 2,016 shares of the company’s stock valued at $97,000 after purchasing an additional 1,618 shares during the last quarter. TIAA Trust National Association acquired a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter worth about $17,140,000. Sierra Capital LLC raised its position in iShares 0-5 Year Investment Grade Corporate Bond ETF by 0.6% in the third quarter. Sierra Capital LLC now owns 72,518 shares of the company’s stock valued at $3,481,000 after purchasing an additional 397 shares during the last quarter. NBC Securities Inc. bought a new position in iShares 0-5 Year Investment Grade Corporate Bond ETF in the third quarter valued at about $985,000. Finally, Summit Financial LLC boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 5.2% during the third quarter. Summit Financial LLC now owns 107,464 shares of the company’s stock valued at $5,158,000 after purchasing an additional 5,354 shares in the last quarter.

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

NASDAQ:SLQD traded up $0.06 during mid-day trading on Monday, reaching $48.94. The stock had a trading volume of 239,050 shares, compared to its average volume of 259,915. iShares 0-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $47.65 and a 12 month high of $49.41. The stock has a 50-day simple moving average of $49.02 and a two-hundred day simple moving average of $48.82.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1473 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.77 annualized dividend and a dividend yield of 3.61%.

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.