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) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 198,706 shares, a drop of 33.3% from the June 30th total of 297,719 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 196,197 shares, the short-interest ratio is presently 1.0 days.

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

NASDAQ SLQD opened at $50.15 on Friday. iShares 0-5 Year Investment Grade Corporate Bond ETF has a fifty-two week low of $50.02 and a fifty-two week high of $50.99. The business has a fifty day moving average of $50.23 and a 200-day moving average of $50.46.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.1839 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Crews Bank & Trust boosted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 7.6% during the 4th quarter. Crews Bank & Trust now owns 736,390 shares of the company’s stock worth $37,335,000 after purchasing an additional 52,047 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of 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 valued at $24,769,000 after buying an additional 24,974 shares during the last quarter. Turn8 Private Wealth Inc. raised its position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 28.1% in the first quarter. Turn8 Private Wealth Inc. now owns 60,142 shares of the company’s stock valued at $3,037,000 after buying an additional 13,188 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF by 22.1% during the fourth quarter. Arkadios Wealth Advisors now owns 18,571 shares of the company’s stock valued at $942,000 after buying an additional 3,362 shares during the period. Finally, Adalta Capital Management LLC purchased a new position in shares of iShares 0-5 Year Investment Grade Corporate Bond ETF during the third quarter valued at approximately $396,000.

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.