Strategy Asset Managers LLC Trims Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Strategy Asset Managers LLC lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 46.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,049 shares of the company’s stock after selling 10,303 shares during the quarter. Strategy Asset Managers LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,002,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cerity Partners OCIO LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $129,075,000. Mizuho Markets Americas LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $44,917,000. SG Americas Securities LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after purchasing an additional 490,171 shares during the period. LPL Financial LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares during the period. Finally, Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after acquiring an additional 379,718 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.08 on Wednesday. The company has a fifty day simple moving average of $82.58 and a two-hundred day simple moving average of $82.16. The company has a market cap of $22.17 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.14%.

iShares 1-3 Year Treasury Bond ETF Company Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.